Is There Now An Opportunity In Nearmap Ltd (ASX:NEA)? October 9,...

Is There Now An Opportunity In Nearmap Ltd (ASX:NEA)?

October 9, 2017

Nearmap Ltd (ASX:NEA), a internet software and services company based in Australia, received a lot of attention from a substantial price movement on the ASX in the over the last few months, increasing to $0.77 at one point, and dropping to the lows of $0.58. This high level of volatility gives investors the opportunity to enter into the stock, and potentially buy at an artificially low price. A question to answer is whether NEA’s current trading price of $0.61 reflective of the actual value of the small-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s take a look at NEA’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change...

https://simplywall.st/news/2017/10/09/is-there-now-an-opportunity-in-nearmap-ltd-asxnea/