ZIGA shares jumped 7.62% to 2.26 baht, increased by 0.16 baht, the trading value of 13.52 million baht was at 10.50 am, opening the market with 2.22 baht, the price rose at the highest 2.30 baht, and the price fell to the lowest level of 2.22 baht.
Finance Sirus Securities listed in the analysis recommend “Buy” shares of Zika Innovative Plc. (ZIGA), target price of 3.40 baht, expects earnings from 3K20 to grow + 33%. Operation, + 1.488% CSOs from revenue and margin that returned to growth after the new plant resolved bottlenecks in the past 1-2 years and the results of the expansion of new distribution channels.
The 4Q20 trend may delay the qualifying operation due to the small number of working days, but expect that the whole of 2020 will turn +205 years and + 24% in 2021, stock price trading in 2021 PER only 8 times and gives 6.4% dividend yield