Select FTSE 250 Stocks Investors Should Be Looking for A Mid-Cap Strategy - Kalkine Media

September 23, 2020 02:11 PM BST | By Team Kalkine Media
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Summary

  • The FTSE 250 index has been steadily rising since the bottom it traced in the month of March when the lockdown was imposed.
  • There are several good performers on this Index’s list of constituent companies who have outperformed the index
  • FTSE 250 provides a good platform for investors who are looking to build a mid-cap portfolio.

Mid-cap stocks are a good place to look for to find value stocks in a volatile market situation. These stocks generally exhibit a lesser degree of volatility than the small-cap stocks and can be accumulated for long term gains. Here we look at five stocks on the FTSE 250 index which have been outperforming the index since the beginning of this year.

  1. Fresnillo Plc - (LON: FRES) is a Mexican precious metal exploration, mining, and production company. It is the world's largest silver producer and Mexico's largest gold producing company.

The company on 28 July 2020 came out with its half-yearly results for FY 2020. The total revenue of the company for the six-month period was $1.05 billion compared to $1 billion reported for the corresponding period last year, registering a growth of 5.2 per cent. The EBITDA of the company for the period was reported at $469.9 million against EBITDA of $307.9 million reported for the corresponding period last year, which is a growth of 52.6 per cent.

 

The share price performance of Fresnillo Plc on the London Stock Exchange (YTD)

(Source – Thomson Reuters)

 

The shares of the company have been trading strongly on the London Stock Exchange since the beginning of the year primarily due to the continued strength in the precious metal prices. It took a minor dip in the month of March when the UK entered a lockdown. However, since then the shares have been on a continuous positive trend and on 23 September 2020 (2.22 PM GMT+1), were trading at GBX 1,218.00 per share, down by 4.93 per cent against previous day close.

 

  1. Computacenter Plc – (LON: CCC) is a Hatfield, the UK headquartered company engaged in the business of providing information technology infrastructure services.

 

On 9 September 2020, the company came out with its half-yearly results for FY20. The revenue of the company for the period was £2.46 billion compared to £2.42 billion reported for the corresponding period last year registering a growth of 1.5 per cent. The diluted earnings per share of the company for the period was 45.3 pence compared to 33.2 pence per share reported for the corresponding period last year growing by 36.4 per cent.

 

The share price performance of Computacenter Plc on the London Stock Exchange (YTD)

(Source- Thomson Reuters)

 

The shares of Computacenter Plc have been performing strongly on the London Stock exchange since the beginning of the year. It traced a low of GBX 935.00 per share on 19 March when the number of pandemic infections started to rise sharply in the country. Thereon the share price of Computacenter Plc has been steadily rising and as on 23 September 2020 (2.57 PM GMT+1) they were at GBX 2,326.00 per share registering a growth of 0.85 per cent over the previous day close.

 

  1. Centamin Plc- (LON: CEY) is a mining company that specialises into exploration mining and extraction of precious metals. Egypt’s Sukari Gold Mine is owned by the company.

The company came out with its half-yearly results for FY 2020 on 4 August 2020. The revenues of the company for the period was $448.7 million compared to $288.14 million reported for the corresponding period last year, registering a growth of 56 per cent. Its basic EPS for the period stood at 6.49 cents compared to 1.71 cents reported for the corresponding period last year, which is a growth of 280 per cent.

 

The share price performance of Centamin Plc on the London Stock Exchange (YTD)

(Source -Thomson Reuters)

 

Other than a minor dip it took in the month of March, the shares of the company have been steadily rising. On 23 September 2020 (3.15 PM GMT+1) the shares of the company were trading at GBX 201.70 per share down by 3.3 per cent of its value compared to previous day close.

 

  1. Hochschild Mining Plc - (LON: HOC) is a mining company with a focus on the premium quality of gold and silver deposits having operations in South American countries of Argentina, Chile, and Peru.

The company came out with its half-yearly results for FY 20 on 19 August 2020. The revenues of the company for the period was $232 million compared to $354.5 million reported for the corresponding period last year. The company’s basic loss per share for the period stood at $0.02 from a basic loss per share of $0.03 reported for the corresponding period last year.

 

The share price performance of Hochschild Mining Plc on the London Stock Exchange (YTD)

(Source -Thomson Reuters)

The shares of the company have been rising steadily on the London Stock exchange since the beginning of the year excepting for a small correction in the month of March. They rose to a high of GBX 317.40 per share on 5 August 2020. Thereon they have slid a bit and on 23 September 2020 (3.36 PM GMT+1), they were at GBX 214.68 per share lower by 5.26 per cent over previous day close.

 

  1. Games Workshop Group Plc- (LON: GAW) is a miniature wargaming product manufacturing company. The company is involved in manufacturing and distribution as well as designing of the fantasy miniatures, rulebooks and metal soldiers.

 

The company came out with its final results for FY 2019-20 on 28 July 2020. For the full year ending on 31 May 2020, the company reported a revenue of £269.7 million compared to revenue of £256.6 million for the corresponding period last year. The EPS of the company reported for the year stood at 218.7 pence per share compared to 202.9 pence per share reported for last year.

 

The share price performance of Games Workshop Group Plc on the London Stock Exchange (YTD)

(Source -Thomson Reuters)

The shares of the company have been performing strongly on the London stock exchange since the beginning of the year, excepting for a minor dip in the month of March when the markets tanked because of the pandemic outbreak. On 23 September 2020 (4.11 PM GMT+1) the shares have been trading at GBX 9,560.00 per share growing by 2.12 per cent over previous days close.

 


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