Charge Enterprises inc $CRGE

Not an investor in individual stocks usually, long time lurker. Sorry if this is bad analysis. A couple months back I heard an interview of Charge Enterprises on their work in the EV charging industry and plan to corner the EV market, specifically charging infrastructure for dealerships. Did some research, probably not the best, but saw the company has bought up telecom and charging businesses, revenue is increasing, they are meeting their goals. They hired a team of experts and industry leaders. Looks like a solid company in a growing industry, despite being in the negative, they are on track for profit. I don’t have all source material here, but the article below covers some of it.

https://www.forbes.com/sites/edgarsten/2022/08/15/charge-enterprises-sees-red-in-q2-but-its-rosy-to-ceo/?sh=45d810d17161

There are also three buy ratings from analysts with a price range from 2.50 a 4.50. To be honest, I’m not sure how much to trust that.

My question, why isn’t the stock performing better considering growth potential and price targets? Is there something about the company I’m missing?

submitted by /u/rise_phoenix_fly
[link] [comments] https://www.reddit.com/r/stocks/comments/14h1ile/charge_enterprises_inc_crge/
Creato 2y | 23 giu 2023, 16:21:24


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