CAGR of 27% over past 4 years pre-COVID for me is a good enough indication that the team can capitalize once economic conditions improve. I don't think their Ecommerce is game changing for the business, but I'm confident that they can survive this period, probably with weak growth and earnings for next few quarters. Of course hope is not a plan but I see management are doing a reasonably good job at playing the hand they were dealt.
What this means for SP? Who knows. As a trader I will trade this up or down. As an interested long term investor I'll wait on the sidelines for now until things pick up again.
TYR Price at posting:
$3.26 Sentiment: Hold Disclosure: Not Held
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