SI Research: Silverlake Axis – A Turnaround In Sight?

At the time of writing, Silverlake Axis (SAL)’s share price is down 31 percent from its peak of $0.58 and changing hands at $0.40 which is just a hair’s breadth away from its 52-week low of $0.39. Despite a challenging 2018, especially on the technology and property related fronts, SAL delivered another strong quarter in the latest earnings release. We shall take a closer look to find out if the company could sustain its performances in the coming quarters.