Is this 7% dividend yielder now oversold, or simply a classic value trap?
Our Premium Research from April 2017 provided an in-depth look at XLMedia (AIM:XLM), the market-leading performance marketing company. While the business primarily directs paying users to its partners in the gambling industry, it has also been branching out into other (less controversial) sectors such as financial services.
Since our initiation note and subsequent update the share price has fallen further, putting the shares on a current dividend yield of 7% and a very modest rating. Could this be an excellent buying opportunity or are there further problems lurking?