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Thrace Plastics Holding and Commercial S.A
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Quick analysis of Thrace Plastics Holding and Commercial S.A (30 sec.)










What can you expect buying and holding a share of Thrace Plastics Holding and Commercial S.A? (30 sec.)

How much money do you get?

How much money do you get?
‚ā¨0.28
When do you have the money?
1 year
How often do you get paid?
88.5%

What is your share worth?

Current worth
‚ā¨6.54
Expected worth in 1 year
‚ā¨6.82
How sure are you?
88.5%

+ What do you gain per year?

Total Gains per Share
‚ā¨0.55
Return On Investment
14.3%

For what price can you sell your share?

Current Price per Share
‚ā¨3.86
Expected price per share
‚ā¨3.7431145363409 - ‚ā¨4.14
How sure are you?
50%

1. Valuation of Thrace Plastics Holding and Commercial S.A (5 min.)




Live pricePrice per Share (EOD)

‚ā¨3.86

2. Growth of Thrace Plastics Holding and Commercial S.A (5 min.)




Is Thrace Plastics Holding and Commercial S.A growing?

Current yearPrevious yearGrowGrow %
How rich?$300.6m$281.8m$13m4.4%

How much money is Thrace Plastics Holding and Commercial S.A making?

Current yearPrevious yearGrowGrow %
Making money$4.5m$5.5m-$993.2k-21.6%
Net Profit Margin5.0%5.1%--

How much money comes from the company's main activities?

3. Financial Health of Thrace Plastics Holding and Commercial S.A (5 min.)




4. Comparing to competitors in the Textile Manufacturing industry (5 min.)




  Industry Rankings (Textile Manufacturing)  

What can you expect buying and holding a share of Thrace Plastics Holding and Commercial S.A? (5 min.)

Welcome investor! Thrace Plastics Holding and Commercial S.A's management wants to use your money to grow the business. In return you get a share of Thrace Plastics Holding and Commercial S.A.

What can you expect buying and holding a share of Thrace Plastics Holding and Commercial S.A?

First you should know what it really means to hold a share of Thrace Plastics Holding and Commercial S.A. And how you can make/lose money.

Speculation

The Price per Share of Thrace Plastics Holding and Commercial S.A is ‚ā¨3.86. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Thrace Plastics Holding and Commercial S.A.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Thrace Plastics Holding and Commercial S.A, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ‚ā¨6.54. Based on the TTM, the Book Value Change Per Share is ‚ā¨0.07 per quarter. Based on the YOY, the Book Value Change Per Share is ‚ā¨0.05 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ‚ā¨0.07 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Thrace Plastics Holding and Commercial S.A.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share
Usd Eps0.082.1%0.112.8%0.164.1%0.205.2%0.174.3%
Usd Book Value Change Per Share0.092.4%0.082.0%0.051.3%0.184.6%0.277.0%
Usd Dividend Per Share0.000.0%0.071.8%0.082.1%0.071.7%0.061.5%
Usd Total Gains Per Share0.092.4%0.153.8%0.133.4%0.256.4%0.338.5%
Usd Price Per Share4.44-4.77-4.02-4.21-3.81-
Price to Earnings Ratio13.99-12.14-7.88-10.85-9.57-
Price-to-Total Gains Ratio47.01-34.63-106.77-4,619.22-3,687.27-
Price to Book Ratio0.63-0.70-0.61-0.80-0.78-
Price-to-Total Gains Ratio47.01-34.63-106.77-4,619.22-3,687.27-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share4.133674
Number of shares241
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.070.07
Usd Book Value Change Per Share0.080.18
Usd Total Gains Per Share0.150.25
Gains per Quarter (241 shares)35.5159.08
Gains per Year (241 shares)142.02236.33
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1697313264173226
2137147274127345462
3206220416191518698
4274294558255691934
53433677003188631170
641244084238210361406
748051498444612091642
8549587112650913811878
9618661126857315542114
10686734141063717272350

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%24.02.00.092.3%24.02.00.092.3%
Book Value Change Per Share3.01.00.075.0%10.02.00.083.3%11.03.06.055.0%15.05.06.057.7%15.05.06.057.7%
Dividend per Share2.00.02.050.0%10.00.02.083.3%17.00.03.085.0%23.00.03.088.5%23.00.03.088.5%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%18.01.01.090.0%23.02.01.088.5%23.02.01.088.5%

Fundamentals of Thrace Plastics Holding and Commercial S.A

About Thrace Plastics Holding and Commercial S.A

Thrace Plastics Holding Company S.A. produces and distributes polypropylene products in Greece and internationally. The company provides various technical fabrics, such as woven and nonwoven geotextiles, geogrids, geocomposites, geosynthetic clay liners, drainage geonets, geobags, silt fences, erosion control mats, and mini rolls, as well as geosynthetic reactive clay with attapulgite clay; stadium seats, ridge fabrics, roofing membranes, housewraps, concrete fibers, scaffolding, road safety nets, and vapor control layers for use in the construction sector; and ground covers, root barriers, weather protection and crop covers, foliage removal fabrics, heavy duty frost protection fabrics, olive collection, mulching, nets, cages/screens/shades, ropes and twines, and mulch film for agri/horticulture/aquaculture. It also offers fabrics for landscape gardening; trampoline fabrics and pool covers for sport and leisure use; gowns and drapes, materials for surgical masks, FFP2 masks, safe smile masks, surgical masks, medical wipes, ostomy, and mattress protection fabrics for medical and hygiene use; air and liquid filtration; and covering-separation, pocket spring, and tablecloth fabrics, as well as fabrics for aquashield and bedding reinforcements. In addition, the company provides fabrics for automotive flooring and seating, and car covers; packaging fabrics; advanced fabrics/composites; floor coverings; and industrial fabrics for use in tarpaulin, lamination-reinforcing substrates, passenger transport, defense, industrial workwear, and absorbents, as well as FIBC fabrics and components. Further, it offers ARNO webbings/straps/ropes; industrial yarns and fibers; and FIBC/filling solutions, bags/FFS films, pallet coverings/packaging films, container liners/cargo protection, fabrics, injections/buckets/pails/containers, thermoforming cups, ropes and twines, crates, bags in boxes, and garbage bags. Thrace Plastics Holding Company S.A. was founded in 1977 and is based in Alimos, Greece.

Fundamental data was last updated by Penke on 2024-06-09 18:27:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Thrace Plastics Holding and Commercial S.A.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Thrace Plastics Holding and Commercial S.A earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare¬†Thrace Plastics Holding and Commercial S.A to the¬†Textile Manufacturing industry mean.
  • A Net Profit Margin of 3.6%¬†means that¬†€0.04 for each €1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Thrace Plastics Holding and Commercial S.A:

  • The MRQ is 3.6%. The company is making a profit. +1
  • The TTM is 5.0%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ3.6%TTM5.0%-1.4%
TTM5.0%YOY5.1%-0.1%
TTM5.0%5Y4.9%+0.1%
5Y4.9%10Y4.3%+0.6%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ3.6%2.2%+1.4%
TTM5.0%2.1%+2.9%
YOY5.1%2.4%+2.7%
5Y4.9%2.2%+2.7%
10Y4.3%2.3%+2.0%
1.1.2. Return on Assets

Shows how efficient Thrace Plastics Holding and Commercial S.A is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Thrace Plastics Holding and Commercial S.A to the¬†Textile Manufacturing industry mean.
  • 0.7% Return on Assets means that¬†Thrace Plastics Holding and Commercial S.A generated¬†€0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Thrace Plastics Holding and Commercial S.A:

  • The MRQ is 0.7%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 1.0%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ0.7%TTM1.0%-0.3%
TTM1.0%YOY1.3%-0.2%
TTM1.0%5Y2.1%-1.1%
5Y2.1%10Y1.8%+0.3%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7%0.6%+0.1%
TTM1.0%0.6%+0.4%
YOY1.3%0.7%+0.6%
5Y2.1%0.8%+1.3%
10Y1.8%0.8%+1.0%
1.1.3. Return on Equity

Shows how efficient Thrace Plastics Holding and Commercial S.A is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Thrace Plastics Holding and Commercial S.A to the¬†Textile Manufacturing industry mean.
  • 1.2% Return on Equity means Thrace Plastics Holding and Commercial S.A generated €0.01¬†for each¬†€1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Thrace Plastics Holding and Commercial S.A:

  • The MRQ is 1.2%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.6%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.2%TTM1.6%-0.4%
TTM1.6%YOY2.0%-0.4%
TTM1.6%5Y4.2%-2.6%
5Y4.2%10Y3.5%+0.6%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2%1.4%-0.2%
TTM1.6%1.2%+0.4%
YOY2.0%1.3%+0.7%
5Y4.2%1.6%+2.6%
10Y3.5%1.8%+1.7%

1.2. Operating Efficiency of Thrace Plastics Holding and Commercial S.A.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Thrace Plastics Holding and Commercial S.A is operating .

  • Measures how much profit Thrace Plastics Holding and Commercial S.A makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare¬†Thrace Plastics Holding and Commercial S.A to the¬†Textile Manufacturing industry mean.
  • An Operating Margin of 0.0%¬†means the company generated €0.00 ¬†for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Thrace Plastics Holding and Commercial S.A:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM1.9%-1.9%
TTM1.9%YOY5.6%-3.7%
TTM1.9%5Y4.9%-3.0%
5Y4.9%10Y4.7%+0.2%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.9%-2.9%
TTM1.9%1.2%+0.7%
YOY5.6%3.2%+2.4%
5Y4.9%3.7%+1.2%
10Y4.7%3.8%+0.9%
1.2.2. Operating Ratio

Measures how efficient Thrace Plastics Holding and Commercial S.A is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Textile Manufacturing industry mean).
  • An Operation Ratio of 1.70 means that the operating costs are €1.70 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Thrace Plastics Holding and Commercial S.A:

  • The MRQ is 1.699. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.716. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.699TTM1.716-0.017
TTM1.716YOY1.734-0.017
TTM1.7165Y1.181+0.536
5Y1.18110Y1.315-0.134
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6991.654+0.045
TTM1.7161.638+0.078
YOY1.7341.629+0.105
5Y1.1811.621-0.440
10Y1.3151.406-0.091

1.3. Liquidity of Thrace Plastics Holding and Commercial S.A.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Thrace Plastics Holding and Commercial S.A is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Textile Manufacturing industry mean).
  • A Current Ratio of 1.86¬†means the company has €1.86 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Thrace Plastics Holding and Commercial S.A:

  • The MRQ is 1.860. The company is able to pay all its short-term debts. +1
  • The TTM is 2.032. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.860TTM2.032-0.173
TTM2.032YOY2.065-0.033
TTM2.0325Y1.783+0.249
5Y1.78310Y1.656+0.127
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8601.511+0.349
TTM2.0321.512+0.520
YOY2.0651.420+0.645
5Y1.7831.509+0.274
10Y1.6561.327+0.329
1.3.2. Quick Ratio

Measures if Thrace Plastics Holding and Commercial S.A is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Thrace Plastics Holding and Commercial S.A to the¬†Textile Manufacturing industry mean.
  • A Quick Ratio of 0.79¬†means the company can pay off €0.79 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Thrace Plastics Holding and Commercial S.A:

  • The MRQ is 0.790. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.822. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.790TTM0.822-0.032
TTM0.822YOY1.134-0.312
TTM0.8225Y0.771+0.051
5Y0.77110Y0.714+0.057
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7900.507+0.283
TTM0.8220.522+0.300
YOY1.1340.602+0.532
5Y0.7710.613+0.158
10Y0.7140.597+0.117

1.4. Solvency of Thrace Plastics Holding and Commercial S.A.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Thrace Plastics Holding and Commercial S.A assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Thrace Plastics Holding and Commercial S.A to Textile Manufacturing industry mean.
  • A Debt to Asset Ratio of 0.35¬†means that Thrace Plastics Holding and Commercial S.A assets are¬†financed with 34.6% credit (debt) and the remaining percentage (100% - 34.6%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Thrace Plastics Holding and Commercial S.A:

  • The MRQ is 0.346. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.337. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.346TTM0.337+0.009
TTM0.337YOY0.360-0.023
TTM0.3375Y0.448-0.111
5Y0.44810Y0.473-0.025
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3460.467-0.121
TTM0.3370.483-0.146
YOY0.3600.502-0.142
5Y0.4480.511-0.063
10Y0.4730.520-0.047
1.4.2. Debt to Equity Ratio

Measures if Thrace Plastics Holding and Commercial S.A is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Thrace Plastics Holding and Commercial S.A to the¬†Textile Manufacturing industry mean.
  • A Debt to Equity ratio of 53.8% means that company has €0.54 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Thrace Plastics Holding and Commercial S.A:

  • The MRQ is 0.538. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.518. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.538TTM0.518+0.021
TTM0.518YOY0.568-0.051
TTM0.5185Y0.903-0.386
5Y0.90310Y0.992-0.088
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5380.827-0.289
TTM0.5180.856-0.338
YOY0.5680.917-0.349
5Y0.9030.994-0.091
10Y0.9921.145-0.153

2. Market Valuation of Thrace Plastics Holding and Commercial S.A

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every €1 in earnings Thrace Plastics Holding and Commercial S.A generates.

  • Above 15 is considered overpriced but¬†always compare¬†Thrace Plastics Holding and Commercial S.A to the¬†Textile Manufacturing industry mean.
  • A PE ratio of 13.99 means the investor is paying €13.99¬†for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Thrace Plastics Holding and Commercial S.A:

  • The EOD is 13.014. Based on the earnings, the company is underpriced. +1
  • The MRQ is 13.992. Based on the earnings, the company is underpriced. +1
  • The TTM is 12.140. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD13.014MRQ13.992-0.978
MRQ13.992TTM12.140+1.852
TTM12.140YOY7.883+4.257
TTM12.1405Y10.852+1.287
5Y10.85210Y9.574+1.278
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD13.01411.533+1.481
MRQ13.99210.407+3.585
TTM12.1407.866+4.274
YOY7.8837.587+0.296
5Y10.8529.424+1.428
10Y9.57414.873-5.299
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Thrace Plastics Holding and Commercial S.A:

  • The EOD is -21.654. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -23.280. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 7.403. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-21.654MRQ-23.280+1.627
MRQ-23.280TTM7.403-30.684
TTM7.403YOY-1.501+8.905
TTM7.4035Y1.076+6.327
5Y1.07610Y0.828+0.248
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD-21.6541.454-23.108
MRQ-23.2801.130-24.410
TTM7.4031.543+5.860
YOY-1.5011.540-3.041
5Y1.0760.656+0.420
10Y0.8280.973-0.145
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Thrace Plastics Holding and Commercial S.A is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Textile Manufacturing industry mean).
  • A PB ratio of 0.63 means the investor is paying €0.63¬†for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Thrace Plastics Holding and Commercial S.A:

  • The EOD is 0.590. Based on the equity, the company is cheap. +2
  • The MRQ is 0.635. Based on the equity, the company is cheap. +2
  • The TTM is 0.695. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.590MRQ0.635-0.044
MRQ0.635TTM0.695-0.061
TTM0.695YOY0.614+0.081
TTM0.6955Y0.797-0.102
5Y0.79710Y0.777+0.020
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD0.5901.087-0.497
MRQ0.6351.078-0.443
TTM0.6951.085-0.390
YOY0.6141.061-0.447
5Y0.7971.047-0.250
10Y0.7771.325-0.548
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Thrace Plastics Holding and Commercial S.A compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0880.071+24%0.047+87%0.167-47%0.252-65%
Book Value Per Share--6.5406.415+2%6.107+7%4.950+32%4.559+43%
Current Ratio--1.8602.032-9%2.065-10%1.783+4%1.656+12%
Debt To Asset Ratio--0.3460.337+3%0.360-4%0.448-23%0.473-27%
Debt To Equity Ratio--0.5380.518+4%0.568-5%0.903-40%0.992-46%
Dividend Per Share---0.066-100%0.076-100%0.062-100%0.054-100%
Eps--0.0740.100-26%0.147-49%0.187-60%0.154-52%
Free Cash Flow Per Share---0.0450.201-122%0.040-211%0.092-149%0.092-149%
Free Cash Flow To Equity Per Share---0.0450.151-130%-0.062+40%-0.009-79%-0.009-79%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Market Cap165693202.000-8%178141655.000191033718.893-7%161850092.745+10%169860708.674+5%154006909.980+16%
Net Profit Margin--0.0360.050-28%0.051-29%0.049-26%0.043-16%
Operating Margin---0.019-100%0.056-100%0.049-100%0.047-100%
Operating Ratio--1.6991.716-1%1.734-2%1.181+44%1.315+29%
Pb Ratio0.590-8%0.6350.695-9%0.614+3%0.797-20%0.777-18%
Pe Ratio13.014-8%13.99212.140+15%7.883+77%10.852+29%9.574+46%
Price Per Share3.860-8%4.1504.450-7%3.756+10%3.929+6%3.556+17%
Price To Free Cash Flow Ratio-21.654+7%-23.2807.403-414%-1.501-94%1.076-2263%0.828-2912%
Price To Total Gains Ratio43.725-8%47.01034.626+36%106.774-56%4619.222-99%3687.274-99%
Quick Ratio--0.7900.822-4%1.134-30%0.771+2%0.714+11%
Return On Assets--0.0070.010-28%0.013-41%0.021-65%0.018-58%
Return On Equity--0.0120.016-27%0.020-43%0.042-72%0.035-67%
Total Gains Per Share--0.0880.138-36%0.123-28%0.229-61%0.306-71%
Usd Book Value--300660529.500294914080.100+2%281852580.525+7%229155840.415+31%211474741.846+42%
Usd Book Value Change Per Share--0.0950.076+24%0.051+87%0.179-47%0.269-65%
Usd Book Value Per Share--7.0046.870+2%6.540+7%5.301+32%4.882+43%
Usd Dividend Per Share---0.071-100%0.081-100%0.066-100%0.058-100%
Usd Eps--0.0790.107-26%0.157-49%0.200-60%0.165-52%
Usd Free Cash Flow---2048631.7009227945.300-122%1836325.775-212%2526146.010-181%1943189.238-205%
Usd Free Cash Flow Per Share---0.0480.215-122%0.043-211%0.098-149%0.098-149%
Usd Free Cash Flow To Equity Per Share---0.0480.162-130%-0.067+40%-0.010-79%-0.010-79%
Usd Market Cap177440850.022-8%190771898.340204578009.562-7%173325264.321+10%181903832.918+5%164925999.897+16%
Usd Price Per Share4.134-8%4.4444.766-7%4.023+10%4.208+6%3.808+17%
Usd Profit--3408674.7004594696.450-26%5587956.200-39%8431302.790-60%6973124.162-51%
Usd Revenue--94610802.30091220332.900+4%102035619.725-7%70462435.660+34%74038071.908+28%
Usd Total Gains Per Share--0.0950.147-36%0.132-28%0.245-61%0.327-71%
 EOD+3 -5MRQTTM+11 -24YOY+14 -215Y+13 -2210Y+13 -22

3.2. Fundamental Score

Let's check the fundamental score of Thrace Plastics Holding and Commercial S.A based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1513.014
Price to Book Ratio (EOD)Between0-10.590
Net Profit Margin (MRQ)Greater than00.036
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.790
Current Ratio (MRQ)Greater than11.860
Debt to Asset Ratio (MRQ)Less than10.346
Debt to Equity Ratio (MRQ)Less than10.538
Return on Equity (MRQ)Greater than0.150.012
Return on Assets (MRQ)Greater than0.050.007
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Thrace Plastics Holding and Commercial S.A based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.106
Ma 20Greater thanMa 503.981
Ma 50Greater thanMa 1003.986
Ma 100Greater thanMa 2004.113
OpenGreater thanClose3.915
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets429,385
Total Liabilities148,630
Total Stockholder Equity276,154
 As reported
Total Liabilities 148,630
Total Stockholder Equity+ 276,154
Total Assets = 429,385

Assets

Total Assets429,385
Total Current Assets204,712
Long-term Assets224,673
Total Current Assets
Cash And Cash Equivalents 28,981
Short-term Investments 13,660
Net Receivables 73,327
Inventory 76,703
Total Current Assets  (as reported)204,712
Total Current Assets  (calculated)192,671
+/- 12,041
Long-term Assets
Property Plant Equipment 186,094
Long-term Assets  (as reported)224,673
Long-term Assets  (calculated)186,094
+/- 38,579

Liabilities & Shareholders' Equity

Total Current Liabilities110,086
Long-term Liabilities38,544
Total Stockholder Equity276,154
Total Current Liabilities
Short Long Term Debt 30,465
Accounts payable 51,087
Total Current Liabilities  (as reported)110,086
Total Current Liabilities  (calculated)81,552
+/- 28,534
Long-term Liabilities
Long term Debt 26,793
Capital Lease Obligations Min Short Term Debt2,870
Long-term Liabilities Other 506
Long-term Liabilities  (as reported)38,544
Long-term Liabilities  (calculated)30,169
+/- 8,375
Total Stockholder Equity
Retained Earnings 201,527
Total Stockholder Equity (as reported)276,154
Total Stockholder Equity (calculated)201,527
+/- 74,627
Other
Capital Stock28,869
Common Stock Shares Outstanding 42,926
Net Debt 28,277
Net Invested Capital 333,412
Net Working Capital 94,626
Property Plant and Equipment Gross 186,094



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-31
> Total Assets 
304,706
314,157
330,338
329,176
320,225
335,282
334,490
335,791
0
0
0
0
0
0
398,291
402,011
405,199
415,324
415,498
412,415
404,795
412,927
414,644
412,095
406,264
429,385
429,385406,264412,095414,644412,927404,795412,415415,498415,324405,199402,011398,291000000335,791334,490335,282320,225329,176330,338314,157304,706
   > Total Current Assets 
156,933
163,582
175,734
171,944
153,205
160,986
161,342
158,275
153,224
165,449
169,309
173,041
165,992
209,590
218,416
214,560
214,255
222,347
219,259
211,191
195,007
201,519
202,327
195,669
184,539
204,712
204,712184,539195,669202,327201,519195,007211,191219,259222,347214,255214,560218,416209,590165,992173,041169,309165,449153,224158,275161,342160,986153,205171,944175,734163,582156,933
       Cash And Cash Equivalents 
30,593
23,225
28,250
24,224
22,824
18,698
16,090
19,433
0
0
0
0
0
0
67,007
76,243
63,240
47,348
40,047
36,471
39,610
42,317
39,223
38,406
27,801
28,981
28,98127,80138,40639,22342,31739,61036,47140,04747,34863,24076,24367,00700000019,43316,09018,69822,82424,22428,25023,22530,593
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,495
3,470
13,269
13,660
13,66013,2693,4703,4950000000000000000000000
       Net Receivables 
65,004
75,255
75,682
75,322
58,578
68,546
74,730
72,704
62,402
67,861
63,169
72,846
61,473
79,805
84,303
77,833
75,088
90,112
89,686
86,488
74,076
80,886
78,024
71,776
62,179
73,327
73,32762,17971,77678,02480,88674,07686,48889,68690,11275,08877,83384,30379,80561,47372,84663,16967,86162,40272,70474,73068,54658,57875,32275,68275,25565,004
       Inventory 
59,634
63,265
63,950
63,988
66,896
69,492
66,440
62,562
59,158
57,073
55,659
55,695
55,338
57,672
58,083
57,290
71,835
79,625
83,163
80,517
76,415
72,100
78,295
72,963
72,003
76,703
76,70372,00372,96378,29572,10076,41580,51783,16379,62571,83557,29058,08357,67255,33855,69555,65957,07359,15862,56266,44069,49266,89663,98863,95063,26559,634
       Other Current Assets 
1,702
1,837
7,852
8,410
2,058
1,331
1,080
1,078
6,743
6,702
6,475
6,298
5,756
6,069
6,081
527
274
231
286
1,859
284
1,914
678
0
0
0
0006781,9142841,8592862312745276,0816,0695,7566,2986,4756,7026,7431,0781,0801,3312,0588,4107,8521,8371,702
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
179,875
187,451
190,944
192,977
196,239
201,224
209,788
211,408
212,317
216,426
221,725
224,673
224,673221,725216,426212,317211,408209,788201,224196,239192,977190,944187,451179,87500000000000000
       Property Plant Equipment 
114,394
118,309
121,558
123,725
135,963
142,281
141,645
144,099
138,182
136,115
138,341
143,514
144,709
147,623
146,909
152,880
156,899
158,446
161,648
167,450
171,739
172,004
173,392
175,799
180,824
186,094
186,094180,824175,799173,392172,004171,739167,450161,648158,446156,899152,880146,909147,623144,709143,514138,341136,115138,182144,099141,645142,281135,963123,725121,558118,309114,394
       Goodwill 
9,870
0
0
0
9,828
0
0
0
0
0
0
0
0
0
0
0
9,815
0
0
0
9,720
0
0
0
9,672
0
09,6720009,7200009,815000000000009,8280009,870
       Long Term Investments 
12,839
12,010
12,721
13,207
13,355
13,219
13,761
14,928
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000014,92813,76113,21913,35513,20712,72112,01012,839
       Intangible Assets 
1,554
11,572
11,670
11,666
1,739
11,570
11,490
11,150
0
0
0
0
0
0
0
0
724
0
0
10,444
10,357
10,221
0
0
644
0
06440010,22110,35710,444007240000000011,15011,49011,5701,73911,66611,67011,5721,554
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
0
00000000010000000000000000
> Total Liabilities 
167,228
172,140
185,335
180,404
178,610
195,534
191,858
193,591
0
0
0
0
0
0
173,187
154,125
152,949
153,234
159,730
148,102
141,055
143,979
146,119
136,873
129,210
148,630
148,630129,210136,873146,119143,979141,055148,102159,730153,234152,949154,125173,187000000193,591191,858195,534178,610180,404185,335172,140167,228
   > Total Current Liabilities 
130,514
130,760
134,449
132,066
131,060
139,207
140,289
136,625
101,793
114,415
119,017
114,382
99,305
122,304
126,685
109,604
106,800
111,018
113,349
99,144
92,604
96,462
99,150
90,336
89,449
110,086
110,08689,44990,33699,15096,46292,60499,144113,349111,018106,800109,604126,685122,30499,305114,382119,017114,415101,793136,625140,289139,207131,060132,066134,449130,760130,514
       Short-term Debt 
3,424
3,007
3,021
3,641
4,185
2,864
3,717
3,932
0
0
0
0
0
0
0
0
0
0
0
11,835
11,750
14,525
0
0
0
0
000014,52511,75011,835000000000003,9323,7172,8644,1853,6413,0213,0073,424
       Short Long Term Debt 
3,424
3,007
3,021
3,641
4,185
2,864
3,717
3,932
0
0
0
0
0
0
20,887
20,821
17,393
25,197
24,009
21,067
26,989
24,207
24,906
22,235
26,555
30,465
30,46526,55522,23524,90624,20726,98921,06724,00925,19717,39320,82120,8870000003,9323,7172,8644,1853,6413,0213,0073,424
       Accounts payable 
37,021
41,617
44,971
42,163
40,163
47,119
47,271
44,088
36,187
38,962
39,470
39,690
29,697
47,515
51,157
52,662
55,441
57,380
62,008
51,546
40,630
45,061
47,895
41,443
38,462
51,087
51,08738,46241,44347,89545,06140,63051,54662,00857,38055,44152,66251,15747,51529,69739,69039,47038,96236,18744,08847,27147,11940,16342,16344,97141,61737,021
       Other Current Liabilities 
8,299
7,966
9,989
9,523
5,493
5,254
6,210
6,205
5,117
6,445
26,760
30,541
25,437
29,912
31,098
15,976
16,489
11,902
12,674
9,559
0
8,386
9,181
0
0
0
0009,1818,38609,55912,67411,90216,48915,97631,09829,91225,43730,54126,7606,4455,1176,2056,2105,2545,4939,5239,9897,9668,299
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
46,502
44,521
46,149
42,216
46,381
48,958
44,330
43,269
46,969
46,537
39,761
38,544
38,54439,76146,53746,96943,26944,33048,95846,38142,21646,14944,52146,50200000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
40,159
33,111
31,916
0
0
0
0
000031,91633,11140,1590000000000000000000
       Capital Lease Obligations 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,194
3,019
2,975
2,856
2,627
2,470
2,437
2,930
2,958
2,984
3,025
2,870
2,8703,0252,9842,9582,9302,4372,4702,6272,8562,9753,0193,19400000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
256
237
237
222
207
187
174
162
154
139
518
506
50651813915416217418720722223723725600000000000000
> Total Stockholder Equity
135,113
139,606
142,508
146,181
138,935
137,018
139,805
139,282
0
0
0
0
0
0
221,496
244,177
248,520
258,234
251,910
260,294
263,740
268,948
264,244
270,764
272,650
276,154
276,154272,650270,764264,244268,948263,740260,294251,910258,234248,520244,177221,496000000139,282139,805137,018138,935146,181142,508139,606135,113
   Common Stock
28,869
28,869
28,869
28,869
28,869
28,869
28,869
28,869
28,869
28,869
28,869
28,869
28,869
28,869
28,869
28,869
28,869
28,869
28,869
28,869
28,869
28,869
28,869
0
0
0
00028,86928,86928,86928,86928,86928,86928,86928,86928,86928,86928,86928,86928,86928,86928,86928,86928,86928,86928,86928,86928,86928,86928,869
   Retained Earnings 
64,573
68,991
71,681
75,123
68,248
64,507
69,206
67,863
68,353
75,492
76,895
90,491
99,548
130,356
146,223
171,736
174,631
185,139
178,176
187,297
213,347
197,433
190,285
196,761
199,204
201,527
201,527199,204196,761190,285197,433213,347187,297178,176185,139174,631171,736146,223130,35699,54890,49176,89575,49268,35367,86369,20664,50768,24875,12371,68168,99164,573
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
21,524
21,524
21,524
0
0
0
0
000021,52421,52421,5240000000000000000000
   Treasury Stock00000000000000000000000000
   Other Stockholders Equity 
20,141
20,226
20,448
20,669
20,304
22,128
20,216
21,036
24,642
22,096
21,347
21,107
21,944
25,082
25,999
23,789
25,787
25,532
26,521
25,886
0
24,433
26,935
0
0
0
00026,93524,433025,88626,52125,53225,78723,78925,99925,08221,94421,10721,34722,09624,64221,03620,21622,12820,30420,66920,44820,22620,141



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue345,373
Cost of Revenue-268,304
Gross Profit77,06977,069
 
Operating Income (+$)
Gross Profit77,069
Operating Expense-324,680
Operating Income20,693-247,611
 
Operating Expense (+$)
Research Development2,506
Selling General Administrative56,098
Selling And Marketing Expenses-
Operating Expense324,68058,604
 
Net Interest Income (+$)
Interest Income648
Interest Expense-3,197
Other Finance Cost-713
Net Interest Income-1,836
 
Pretax Income (+$)
Operating Income20,693
Net Interest Income-1,836
Other Non-Operating Income Expenses-
Income Before Tax (EBT)21,33620,693
EBIT - interestExpense = -3,197
17,767
20,964
Interest Expense3,197
Earnings Before Interest and Taxes (EBIT)-24,533
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax21,336
Tax Provision-3,010
Net Income From Continuing Ops18,32618,326
Net Income17,767
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-1,836
 

Technical Analysis of Thrace Plastics Holding and Commercial S.A
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Thrace Plastics Holding and Commercial S.A. The general trend of Thrace Plastics Holding and Commercial S.A is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Thrace Plastics Holding and Commercial S.A's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Thrace Plastics Holding and Commercial S.A.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 3.8745803636364 < 4.07 < 4.14.

The bearish price targets are: 3.8 > 3.75 > 3.7431145363409.

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Thrace Plastics Holding and Commercial S.A Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging¬†trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Thrace Plastics Holding and Commercial S.A. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Thrace Plastics Holding and Commercial S.A Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a¬†lagging momentum¬†indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Thrace Plastics Holding and Commercial S.A. The current macd is -0.02980103.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Thrace Plastics Holding and Commercial S.A price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Thrace Plastics Holding and Commercial S.A. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Thrace Plastics Holding and Commercial S.A price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Thrace Plastics Holding and Commercial S.A Daily Moving Average Convergence/Divergence (MACD) ChartThrace Plastics Holding and Commercial S.A Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Thrace Plastics Holding and Commercial S.A. The current adx is 17.18.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Thrace Plastics Holding and Commercial S.A shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Thrace Plastics Holding and Commercial S.A Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows¬†the current trend.
  • Shows¬†potential entry signals.
  • Shows¬†¬†potential exit signals.
  • Can be used to place¬†trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Thrace Plastics Holding and Commercial S.A. The current sar is 3.99456643.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Thrace Plastics Holding and Commercial S.A Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum¬†indicator, meaning the signals are instant.
  • Ranges¬†between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Thrace Plastics Holding and Commercial S.A. The current rsi is 38.11. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Thrace Plastics Holding and Commercial S.A Daily Relative Strength Index (RSI) ChartThrace Plastics Holding and Commercial S.A Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading¬†momentum¬†indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges¬†between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Thrace Plastics Holding and Commercial S.A. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Thrace Plastics Holding and Commercial S.A price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Thrace Plastics Holding and Commercial S.A Daily Stochastic Oscillator ChartThrace Plastics Holding and Commercial S.A Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,¬†the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Thrace Plastics Holding and Commercial S.A. The current cci is -142.7458879.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Thrace Plastics Holding and Commercial S.A Daily Commodity Channel Index (CCI) ChartThrace Plastics Holding and Commercial S.A Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Thrace Plastics Holding and Commercial S.A. The current cmo is -31.85325405.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Thrace Plastics Holding and Commercial S.A Daily Chande Momentum Oscillator (CMO) ChartThrace Plastics Holding and Commercial S.A Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and¬†-100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Thrace Plastics Holding and Commercial S.A. The current willr is -82.35294118.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Thrace Plastics Holding and Commercial S.A Daily Williams %R ChartThrace Plastics Holding and Commercial S.A Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold¬†

Score

Let's take a look at the Bollinger Bands of Thrace Plastics Holding and Commercial S.A.

Thrace Plastics Holding and Commercial S.A Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Thrace Plastics Holding and Commercial S.A. The current atr is 0.07892891.

Thrace Plastics Holding and Commercial S.A Daily Average True Range (ATR) ChartThrace Plastics Holding and Commercial S.A Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Thrace Plastics Holding and Commercial S.A. The current obv is 563,163.

Thrace Plastics Holding and Commercial S.A Daily On-Balance Volume (OBV) ChartThrace Plastics Holding and Commercial S.A Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Thrace Plastics Holding and Commercial S.A. The current mfi is 36.38.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Thrace Plastics Holding and Commercial S.A Daily Money Flow Index (MFI) ChartThrace Plastics Holding and Commercial S.A Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Thrace Plastics Holding and Commercial S.A.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-23CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-05RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-04-08MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-04-09STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-04-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-11MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-04-12STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-04-17RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-04-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-10CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-05-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-05-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-05-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-05-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-30STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-31SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-06-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-06-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-10CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-06-14CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Thrace Plastics Holding and Commercial S.A Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Thrace Plastics Holding and Commercial S.A based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.106
Ma 20Greater thanMa 503.981
Ma 50Greater thanMa 1003.986
Ma 100Greater thanMa 2004.113
OpenGreater thanClose3.915
Total1/5 (20.0%)
Penke

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