2024-09-20 03:07:22
While the eyes of investors are rightly focused primarily on Large and Mid Cap stocks, the investor can locate on the Athens Stock Exchange a series of listed small and very small capitalizations with excellent returns in 2024. Returns, which prove to be multiple of the General Index, which is currently at +10% compared to the first meeting of the year.
At the top of the relevant list, where only companies with a stock market value of less than 70 million euros are selected, we find the share of Bath Fashionwhich “runs” in rhythm +109%. This has driven the price to the highest level since 2007, reaching even 4 euros a few days ago. Today, the capitalization of the listed company, which operates in the catering and luxury furniture – products sector, is estimated at 68 million euros.
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The highly impressive +100% also “touches” the change in its share Q&R, which in the previous months has seen strong shipbuilding funds enter its shareholding. With its… sails inflated, then, the IT and PC services company is valued at 32 million euros, having recorded a jump over +92% since the beginning of the year, despite a reasonable correction of almost 30% from this year’s peaks of 1.6 euros.
OR Unibios is yet another case of “success story” in the small capitalization, as the stock of the listed company, which specializes in the “hot” issue of water management, wins +59% by 2024, having climbed to a 10-year high.
In the food sector, at the same time, its share Cloud farm presents its own separate story, as it is enhanced by at least +25%, having returned to the €20m level for the first time since 2008.
Finally, we should also mention its stock Ilydawhich taking… off from the technology party of the first semester, expands by +20% within 2024.
Attention!
Of course, while the above yields “shine” and look extremely attractive to the investor, we must not forget the risks of small capitalizationas the intense volatility, lack of depth and small number of daily transactions are characteristics, which certainly do not inspire reliability and stability in a portfolio. Therefore, special care should be taken and any choices made mainly on the basis of fundamental sizes and the business prospects of each listed company.
Small Cap Standout Stocks (Returns Through 2024)
• Swimwear Fashion +109%
• Q&R +92%
• Unibios +59%
• Ebrofarm +25%
• Ilyda +20%
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(The above is the product of journalistic research and does not constitute an invitation to buy, sell or hold any stock)