IBEX Limited: No Buying Opportunity Right Now

Mar. 07, 2023 8:43 AM ETIBEX Limited (IBEX) StockIBEX2 Comments
GrowthInvesting
673 Followers

Summary

  • IBEX recently posted Q2 FY23 results. Their net income and net income margins fell significantly.
  • They are overvalued compared to industry standards.
  • Technical chart of IBEX is showing bearish signs.
  • I assign a hold rating on IBEX stock.

Architect making a video call with clients

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IBEX Limited (NASDAQ:IBEX) offers complete, technology-enabled customer lifecycle experience options both nationally and globally. Ibex Connect, part of their portfolio of goods and services, offers customer support, revenue generation, and other back-office outsourcing services using the CX model, which combines email, SMS, and other

This article was written by

673 Followers
I am an active investment banker with more than 15 years of experience in the equity markets. I specialize in long term equity investments. My goal is to provide the investors with strategic investment opportunities in the equity and debt market.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such 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 Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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