$KEM

Discussion in 'Stocks' started by Pradaomygada, May 17, 2018.

  1. Kemet Corp (Kem) is down 11.5% after an earnings report that looked good. Possibly this is from an institution or large investor dumping stock. I see no bad news or reason for such a high drop. Anyone else see anything different?

    Earnings report:

    • Net Sales for the fiscal year of $1.2 billion up 58.3% over prior fiscal year 2017
    • Gross Margin for fiscal year 2018 of 28.4% compared to 24.7% for the prior fiscal year 2017
    • Net Sales for the quarter up 3.8% to $318.0 million compared to the prior quarter ended December 31, 2017
    • Cash Balance at March 31, 2018 of $286.8 million up $177.1 million compared to prior year March 31, 2017
     
    murray t turtle likes this.
  2. Jack1960

    Jack1960

    It is a stock for sucked. Study the chart
     
  3. %%
    Great uptrender; i like it, profited off KEM. But the PE is low, could get lower/down.......