Is anyone following Mitel Corporation? (MLT)
It is a tech stock, but I cannot find any profile about in on this forum. A newspaper report said that it blends both computers and telephones, and makes electronic telecommunications and semiconductor products. It is currently doing quite well- both in US and Canada.
It rose to about $7.3 US the week of Apr 29, dropped back a little the beginning of this week and now it is on the rise. My research so far indicates earnings will be coming out May 16. Earnings are expected to rise from .27 to .47/share. PE is 14. Volume was average today but hit 500000 last week. I am new to this so any comments or suggestions would be appreciated. |