Stock price when the opinion was issued
The CEO has done a great job turning around this small-cap. Post-pandemic, engagement ring sales have picked up. They last reported softer than expected sales, though a revenue beat, but conservative guidance. Shares dropped 12%. Then, SIG announced a major share buyback and raised guidance. It trades under 10x PE this year.
10x PE and terrific guidance. Good numbers and CEO. Don't short this.