Our ALGO engine triggered a buy signal for Inghams Group at $3.42 into yesterday’s ASX close.
From a fundamental perspective, ING’s most recent 12-month earnings report showed the company made $59.1 million, which was 85% higher than the previous 12-month period.
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The stock has traded as high as $3.90 on October 9th, and we expect to see good buying support in the $3.25 area for a move higher into Q1 2018.
Inghams Group
