Jun 21, 2010

Financial Technologies Ltd.

More than a year agoFinancial Technologies Ltd.was quoting at Triple digit PE.Obviously for any matured investor this was not a price to buy. The stock plunged to below 500 an it was a great buy at these levels.But Today it is trading at around 1400.If we calculate PE taking average EPS of last 5 years,Then the PE comes around 17.Is this valuation high or unreasonab...
Posted on Monday, June 21, 2010 | Categories: