Sound Global: Start Up Trend?

Sound Global broke out from a Falling Wedge and seem like starting an uptrend. Currently Sound Global is testing on the uptrend channel support. If this support holds, the stock is forming “Higher High, Higher Low” uptrend pattern. Price target for this breakout is minimum $0.80.

Fibonacci Expansion

  • 0% FR = $0.57
  • 61.8% FR = $0.64
  • 100% FR = $0.685
  • 161.8% FR = $0.756

About Sound Global

Sound Global Ltd. provides water and wastewater treatment solutions in China. The Company is involved in engineering, procurement, construction and equipment fabrication. It plans to become an integrated solutions provider through its operations management and build-operate-transfer projects.

Key Statistics for SGL

Current P/E Ratio (ttm) 9.3808
Estimated P/E(12/2012) 9.5430
Relative P/E vs. FSSTI 0.7682
Earnings Per Share (CNY) (ttm) 0.3510
Est. EPS (CNY) (12/2012) 0.3450
Est. PEG Ratio
Market Cap (M SGD) 838.50
Shares Outstanding (M) 1,290.00
30 Day Average Volume 1,658,067
Price/Book (mrq) 1.6650
Price/Sale (ttm) 1.6549
Dividend Indicated Gross Yield 1.54%
Cash Dividend (SGD) 0.0100
Last Dividend 05/15/2012
5 Year Dividend Growth
Next Earnings Announcement 02/26/2013

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