THE NAGA GROUP

NAGA increased EBITDA in the first half by 47 percent to €4.4 million, although revenue fell by 14 percent to €27.7 million due to consolidation and negative currency effects. The stock held up during the recent market downturn and is forming a potential base around €3. For the second half, NAGA expects significant revenue growth thanks to numerous growth initiatives and increased market volatility, which could trigger a further short-term price rise. » More on finanzen.net

Growing market volatility due to geopolitical tensions is boosting trading activity at NAGA. Management implemented measures this year to improve profitability and now aims to stimulate growth. After a strong price jump in April the stock consolidated and has recently stabilized around 3 euros; a significant revenue increase in the second half of the year could trigger a new price rally. » More on finanzen.net

NAGA reports an operating profit improvement of 47% to €4.4m in the first half and recorded the year's highest monthly revenue in June at €6.4m. After a strong rally in April followed by a pullback, the share recently formed a short-term floor around €3. If revenue and margin growth continue in the second half, economies of scale could reinforce the positive margin trend and give the stock a tailwind. » More on finanzen.net