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RSHYY - RusHydro Seems To Be Holding Up Okay But Investors' Expectations Are Too High
PJSC RusHydro ADR
RusHydro (RSHYY) recently presented its Q4 2019 operational results, which turned out to be quite solid, taking into account the sharply negative trend of the first half of the year, when the year-over-year decline amounted to massive 13.1%. Meanwhile, the stock continues to grow, fueled by rumors and some moderately positive news, but it is hard to give a Buy recommendation, as people seem to expect too much in too short a time.
Q4 Operational Results Highlights
The total volume of electricity generation in Q4 increased by 13.3% as compared to the same