South African stock alert

SAFR

CLOSING UPDATE: Stefanutti Stocks increased further 1.0% - outperforming 96% of stocks 21 July 2017 18:57 SAST

NEWS BITES - AFRICA

This is an end of day Alert, produced after today's South African market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Stefanutti Stocks, South Africa's 7th largest heavy construction company by market capitalisation, has lifted 11.0c (or 3.8%) today to trade at ZAR3.01 and has outperformed 96% of the market in the past week. A price rise combined with a high relative strength is a bullish signal. Compared with the FTSE/JSE- Africa Top 40 Index which fell 108.0 points (or 0.2%) in the day, this represented a relative price increase of 4.0%.

Note

Stefanutti Stocks today is at a discount of 41.0% to the 12-month high of ZAR5.10 on 11 Nov, 2016. It is at a premium of 11.9% to the 12-month low of ZAR2.69 on 18 Jul, 2017.

Bearish Signals:

The negative 0.09 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

In the last three months the stock has hit a new 52-week low six times, pointing to a downtrend.

The price tumbled 7.4% in the last month.

Net profit margin has averaged 1% in the last 3 years. This suggests the company is less profitable with a low margin of safety.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

Price to Book of 0.4 [0.3]

TODAY'S ALERTS

Afternoon Alert: Stefanutti Stocks lifts 2.8% - outperforming 93% of stocks

21 July 2017 12:50 SAST

Stefanutti Stocks Holdings Ltd. (J:SSK) has lifted 8.0c (or 2.8%) today to trade at ZAR2.98 and has outperformed 93% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

Morning Alert: Stefanutti Stocks lifts 2.8% - outperforming 93% of stocks

21 July 2017 10:50 SAST

Stefanutti Stocks Holdings Ltd. (J:SSK) has lifted 8.0c (or 2.8%) today to trade at ZAR2.98 and has outperformed 93% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

Stefanutti Stocks Holdings Ltd. (J:SSK; JNB:SSK; SJ:SSK)

ISIN: ZAE000123766

PermID: 5000008280

Source: www.BuySellSignals.com