DTEA Hitting New 52 Week High

Posted on February 1, 2021 by Florian Buschek

After breaking out on Friday DTEA (disclosure: long) is finally hitting a new 52 week high today. Is this just market frenzy or is the market already anticipating a good CCAA outcome (expected in March) and Q4 numbers? Site visits are clearly up in November and December so that is certainly confirmation for a good upcoming ER. We might get a pre announcement in February but from a historical perspective we should get the numbers in March or April. I would expect the former or ER together with an update on CCAA.

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