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The King of Touch Sensors Bolsters its Balance Sheet and Seems Set to Rally its Share Price

By Malcolm Stacey | Monday 25 October 2021

Disclosure: I own shares in one or more of the stocks mentioned. 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.

Hello, Share Smirkers. Even niche businesses have been hit by covid. One such outfit is Zytronic (ZYT), which makes touch sensors for the electronics industry. However, a latest trading update from the company talks about a ‘considerable turnaround’. There’s been a return to profitability since the half year ended at the end of March. Both sales and margins have risen with strong cash generation.

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