Stock price when the opinion was issued
Long-term base of support around $16-17, and seems stuck there. Just bounced off resistance. At this point, it's only a trend if there are higher highs and higher lows (or lower highs and lower lows). Until it starts one of those 2 patterns, it's in consolidation. Not showing any signs of a real trend.
The only thing you can do with a stock that's consolidating is to swing-trade it.
Lowered outlook, analyst downgrades. Trying to focus on NA retail and European hospitality. The question is whether you want to catch this falling knife? You could buy a small position here, but he'd prefer writing a put, obliging yourself to own it ~$10 and get paid a nice premium.
He still models 21% EPS growth, trading ~20x.
Canadian based restaurant and retail software provider. Company not executing on growth plan. Chas flow and revenue growth not growing. New CEO coming back could be an inflection point going forward. Too early to tell on growth going forward. Watching stock, but will wait to investment( more deliverables achieved).