Is MBBS overrated

SonoScape Medical: Is That It?

SonoScape Medical will be listed on the Shenzhen Stock Exchange on January 25, 2020, 7:59 a.m. at a price of CNY 27.64. The SonoScape Medical share is allocated to the "Health Equipment" segment.


Our team of analysts carried out an analysis of SonoScape Medical on the market based on this assessment. A total of 7 factors lead to the individual assessments as "Buy", "Hold" or "Sell". In the last step, an overall assessment is determined from this.


1. Sentiment and Buzz: There has been no clear change in communication about SonoScape Medical in social media over the past few weeks. There was no fundamental shift towards overly positive or negative discussions. The editorial team has therefore given the share a "hold" rating. The intensity or, to put it simply, the frequency of contributions to a share provides an indication of whether the company is currently much or little in the focus of investors. SonoScape Medical was discussed insignificantly more or less than normal. This results in a "hold" rating. Overall, this gives the share a "hold" rating.


2. Fundamental: With a current P / E (price-earnings ratio) of 75.7, SonoScape Medical is above the industry average (41 percent). The Healthcare Equipment and Supplies industry had a score of 53.81. From today's perspective, the share is overvalued and receives a "sell" rating based on fundamental criteria.


3. Technical analysis: Trend-following indicators should show whether a security is currently in an upward or downward trend (see Wikipedia). The moving average is one such indicator, we are looking at the 50- and 200-day averages here. First, let's take a look at the longer-term average over the past 200 trading days. For the SonoScape Medical share this is currently CNY 26.24. The last closing price (27.59 CNY) is significantly higher (+5.14 percent difference in comparison). On this basis, SonoScape Medical receives a "Buy" rating. Now let's take a look at the shorter-term 50-day average: For this value (23.67 CNY) too, the last closing price is above the moving average (+16.56 percent), so the SonoScape Medical share also receives a " Buy "rating. Overall, SonoScape Medical is given a "Buy" rating based on trend-following indicators.