ALGO Update: SGR Is Good Value Below $5.00

After trading as high as $5.45 on May 28th, shares of Star Entertainment Group slipped over 13% to reach a 1-year low of $4.73 last week. 

However, several broker notes have recently rated the stock as an “outperform” citing increased revenue during the month of May and targeted the share price to rise to $6.25 over the medium-term.

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Our ALGO engine triggered a buy signal in SGR on April 12th at $5.05. We consider buying SGR  below $5.00 a good value for client portfolios.

Star Entertainment Group

 

 

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