By Steve Moore | Wednesday 13 August 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Provider of secure payment and customer service products, Eckoh plc (ECK) has updated that it “has seen a significant increase in revenue and margins during the first quarter of the new financial year and that current trading remains in line with market expectations”. However, with the shares up from 15.5p as recently as June 2013 and around 30p earlier in 2014 to a current 43p – capitalising the company at approaching £93 million – does there remain any value left here?
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