In this week’s Analysis – the inventor of the digital pen technology!
Aksjeanalyser.com looks at a listed Swedish technology company!
Aksjeanalyser.com takes a closer look at Anoto Group AB
(Ticker Nasdaq Stockholm: ANOT).
Yesterday April 29th, a stock exchange announcement from Anoto Group announced the launch of a new product that Aksjeanalyser.com finds very exciting and interesting. The product is available for pre-order in the US and will start to ship in May 2025.
The stock has triggered positive technical signals recently, and Aksjeanalyser.com considers Anoto to be an exciting buy candidate at the current price level. Read more in the technical analysis below.
It should be noted that the Anoto share is very volatile and the company is small with a current market capitalization of around SEK 79 million. So when it comes to the risk assessment of investing in the Anoto Group share, it must be described as very high. But as a ‘spice’ in a stock portfolio, Aksjeanalyser.com considers the Anoto share to be very interesting and exciting here at the current price level of around SEK 0.07.
Read more about the stock below in this week’s Analysis from Vikingen Financial Software and Aksjeanalyser.com.
About Anoto Group AB
(ticker on Nasdaq Stockholm: ANOT)
Anoto Group AB is a publicly listed Swedish technology company and the original inventor of the digital pen and dot pattern technology. Anoto develops intelligent pens, paper and software that seamlessly bridge the gap between handwritten input and the digital world. Its core business includes the retail products “inq” and “Livescribe” as well as workflow solutions for businesses. Anoto’s digital pens are used globally by students, professionals and organizations to increase productivity, creativity and data collection.
With a renewed focus on high-quality design, software innovation and customer experience, Anoto is driving the next generation of digital writing. In 1996, a young Swede, Christer Fåhræus, was writing his doctoral thesis when he had a bold idea. He envisioned using a high-tech pen that could help him get all his paperwork done more efficiently. Over the decade that followed, his concept was transformed into the world’s first digital pen and the global de facto standard for digital pen and paper technology. Anoto Group was originally founded as C Technologies in 1996 to realize Fåhræus’ technological idea, and in 1999, after several key mergers and partnerships were formed, Anoto Group was established.
The following year, 2000, Anoto Group AB was listed on the Stockholm Stock Exchange, where it is still on Nasdaq Stockholm’s Small Cap list under the ticker ANOT.
Technical Analysis of Anoto Group AB
(ticker on Nasdaq Stockholm: ANOT)
Anoto Group (ANOT) has shown a very weak development over many years, but may now have reached a bottom in the long term falling trend. The stock has triggered a technical buy signal from a right angle ascending triangle formation and the stock has also broken above the 50-day moving average.
The next technical resistance level for the stock is now around SEK 0.10, and then up towards the 200-day moving average around SEK 0.15. Should there be a break above the 200-day moving average, the next technical resistance level for the stock will be around SEK 0.30.
The share was lowest at SEK 0.04 on March 13, 2025, and is currently trading around SEK 0.07.
It is otherwise worth noting a significant increase in the volume of the share over the past 3-4 months.
The BEST model in Vikingen has also triggered a buy signal for the Anoto share. This popular and effective technical analysis model was developed by Peter Östevik. He finalized the the BEST model around 2019, and after 30 years of experience in technical analysis and Vikingen Financial Software.
Based on the overall technical picture that the Anoto share is currently showing, we assess Aksjeanalyser.com the stock as an exciting buy candidate around the current price level.
Latest News from Anoto Group AB
Anoto (ANOT) introduces “inq” – a new era of handwriting in the digital age. Tuesday, April 29, 2025 at 08:30 ∙ Global Newswire. Source.
www.inq.shop
Anoto reduces operating loss, Enterprise segment will be ‘significantly transformed’ this year! March 3 06:14 ∙ Finwire. Source.
Vikingen Top 10 buy signals!
Have you already looked at this week’s Top 10 buy signals? If not, here are the signals for week 18. Welcome!
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Sincerely yours
