$BERA
is a Turkish company involved in various sectors, including paper, machinery, oil, construction, textiles, tourism, and food. As of February 6, 2025, the stock is trading at 16.56 Turkish Lira (TRY) per share.
Current Stock Performance:
Price: 16.56 TRY
Market Capitalization: 10.95 billion TRY
Price-to-Earnings (P/E) Ratio: 2.82
52-Week Range: 12.35 - 22.76 TRY
Technical Analysis:
Recent analyses indicate a bearish trend for BERA. The stock has experienced a decline, with a 1.74% drop on September 16, 2024, closing at 15.26 TRY. The stock lies in the middle of a wide and falling trend in the short term, and further decline within the trend is signaled. Given the current short-term trend, the stock is expected to fall by approximately 21.49% during the next three months, with a 90% probability of holding a price between 10.80 and 12.90 TRY at the end of this period.
Investment Considerations:
Buy Zone: Based on the forecasted decline, potential investors might consider a buy zone between 10.80 and 12.90 TRY.
Target Price: A reasonable target could be the previous support level around 15.25 TRY, which may act as resistance in the future.
Stop Loss: To manage risk, setting a stop loss below the lower range of the buy zone, perhaps around 10.50 TRY, could be prudent.
Final Thoughts:
Investing in BERA requires careful consideration due to its recent downward trend. It's essential to monitor the stock's performance and broader market conditions. Always consult with a financial advisor before making investment decisions.
