Our Algo Engine triggered a buy signal in CIMIC at $40.62. We suggest accumulating the stock within the $4.1.50 to $42.50 range.
CIMIC went ex-dividend $0.75 on the 13th of June.
The next share price catalyst will be the half year profit results due to be announced on the 2nd of July. The market is looking for NPAT to be around $350 million.
CIMIC