Australian Stock Report - Share Tips

Share to buy: Nanosonics (NAN)

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Publish date: Fri, 15 Apr 2016, 02:07 PM
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Our stock analysis blog provides information on stocks to watch and helps you figure out which are the best stock to buy. We use fundamental and technical analysis to identify the stocks tips that will supercharge your portfolio. We don't believe in choosing stock tips on rumours or hearsay. Our share tips use fundamental analysis, like price-to-equity ratios, cash flow analysis and net tangible assets, to identify the best share trading opportunities. We then use technical analysis, which is the study of price charts, to determine the best level to buy shares. We believe using the two school of investment analysis allows us the increase the chances of our share tips being successful.

December quarter sales were up 41% on the prior quarter, as North American direct sales gained momentum.

The company’s move into the US market seems to be paying off, with gross margins improving significantly.

The next driver of share price could be publication of decontamination guidelines in the UK and Scotland favourable to Nanosonic products.

Technically, the stock remains strong and has broken out to fresh all-time highs recently on rising volumes.

The post Share to buy: Nanosonics (NAN) appeared first on Australian Stock Report.

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