(NEWA-B) New Wave (publ) - Ratings and Ratios

New Wave Group AB (publ) is a Swedish company that specializes in the design, acquisition, and development of brands and products across multiple sectors, including corporate, sports, gifts, and home furnishings. Established in 1989 and headquartered in Gothenburg, Sweden, the company operates globally with a significant presence in Sweden, the United States, Central Europe, and other Nordic countries. Its business is divided into three main segments: Corporate, Sports & Leisure, and Gifts & Home Furnishings.

The Corporate segment focuses on promotional and workwear products, offering a wide range of items such as custom apparel, promotional gifts, and professional workwear. This segment caters to various industries, including construction, transportation, and hospitality, under brands like Jobman, ProJob, and D.A.D Sportswear.

The Sports & Leisure segment provides apparel and footwear for sports and outdoor activities, including golf, hunting, and fishing. This segment operates under well-known brands such as Cutter & Buck, AHEAD, and Craft, targeting both professional athletes and casual enthusiasts.

The Gifts & Home Furnishings segment offers high-quality lifestyle products, including home decor and luxury gifts. This segment includes prestigious brands like Orrefors, Kosta Boda, and Sagaform, which are renowned for their design and craftsmanship in glassware, textiles, and other home furnishings.

New Wave Group AB (publ) is listed on the Stockholm Stock Exchange under the ticker symbol NEWA-B. The company has a market capitalization of approximately 11,815.78 million SEK, with a price-to-earnings ratio of 13.43 and a return on equity of 12.20%. The stock has shown moderate trading activity, with an average 20-day volume of 273,161 shares.

3-Month Forecast: - Technical Outlook: The stock is currently trading below its 20-day, 50-day, and 200-day moving averages (93.96, 102.76, and 104.35, respectively), indicating bearish momentum. The Average True Range (ATR) of 3.49 suggests moderate volatility, which could lead to further price fluctuations in the near term. - Fundamental Outlook: With a forward P/E ratio not available and a stable return on equity of 12.20%, the companys fundamentals appear solid. The price-to-book ratio of 1.64 indicates that the market values the companys assets higher than their book value, reflecting investor confidence. - Combined View: Over the next three months, the stock is expected to face short-term pressure due to its current technical setup. However, its strong fundamental position and established brand portfolio may provide support, potentially stabilizing the price around the 85-95 SEK range. Investors should monitor volume and moving average trends for signs of a reversal or continued downtrend.