(CLAS-B) Clas Ohlson (publ) - Ratings and Ratios

Clas Ohlson AB (publ), a retail company, specializes in hardware, electrical goods, multimedia, home, and leisure products. It operates in Sweden, Norway, Finland, and internationally, offering a diverse range of products including tools, home improvement items, electronics, and leisure goods. The company also provides mobile phones, electronics spare parts, and accessories. Products are sold through physical stores, online channels, and purchase offices. Founded in 1918 by Clas Ohlson, the company has a strong heritage and is headquartered in Insjön, Sweden. Web URL: https://www.clasohlson.com

Clas Ohlson AB (publ) has a market capitalization of 16,497.73M SEK. The stock, traded under the ticker symbol CLAS-B on the Stockholm Stock Exchange, is classified under the GICS Sub Industry of Internet & Direct Marketing Retail. As of the latest data, the stocks average 20-day volume is 82,212 shares, with a last price of 267.20 SEK. The stock is trading above its SMA 50 (242.12) and SMA 200 (197.39), indicating bullish momentum. The ATR of 10.29 reflects moderate volatility.

From a fundamental perspective, the companys P/E ratio is 19.67, with a forward P/E of 17.30, suggesting investor confidence and expectations of future growth. The P/B ratio of 6.94 indicates a premium valuation relative to book value, while the P/S ratio of 1.44 reflects a reasonable price relative to sales. The return on equity (RoE) of 35.45% highlights strong profitability and efficient use of shareholders equity.

3-Month Forecast: Based on the technical and fundamental data, CLAS-B is expected to maintain its upward trajectory, supported by strong earnings and a solid financial position. The stock may face resistance near the 280 SEK level, while support is likely to hold around 240 SEK. With its current momentum and valuation metrics, CLAS-B could potentially reach a price target of 290 SEK within the next three months, contingent on maintaining its growth trajectory and positive market conditions.