$TIA As of mid-November 2024, Tialis Essential IT (LON: TIA) has shown some price volatility, with its shares dropping significantly from around £5.39 to a low of £4.33 in recent weeks. However, this sharp decline might signal an oversold condition, making it a potential rebound candidate. The stock is currently trading around £4.90, and key technical indicators suggest a potential recovery towards the £5.23 level.
Although the price is still well below its 52-week high of £6.80, the company’s fundamentals show some resilience, particularly with its strong focus on IT services and a consistent revenue stream. There's no consensus on a firm price target, but based on recent trends and technical analysis, a buy recommendation could be warranted if the price stabilizes above £4.40, with a near-term target of around £5.32.
For those looking for a good entry point, £4.40–£4.50 could offer a favorable buy price with the potential for short-term gains toward £5.32, while maintaining a cautious outlook for long-term positions.