It’s up and away from here for Purple Group
The level of diversification, the building of a moat and a reasonable earnings multiple make this not only an interesting business but also a good one
29 May 2025 - 05:00
Purple Group is having a decent 2025 so far, up 9% year to date thanks to a nod from the market in response to recent interim results.
The share price does tend to become range-bound, though, with choppy trade for the past month or so as it establishes a new base. But that’s not a bad thing for investors, as it helps reduce downside risk once it is clear that an upward move in the price is likely to stick...
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