By Steve Moore | Saturday 8 February 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.
Specialist engineering and professional services recruitment group in the UK, Matchtech (MTEC) has updated that it “has continued to trade well and expects its results for the full year to be slightly ahead of current expectations”. This looks to have temporarily at least arrested a declining share price after hitting 625p last month but, having risen from 238p at the commencement of 2013, do the shares now, at 562.5p, fairly reflect the value here?
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