South African stock alert

SAFR

CLOSING UPDATE: Stefanutti Stocks up 10.7% in 2 days 19 January 2018 18:59 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, extended its gains on Friday, rising an additional 19.0c (or 7.9%) to trade at ZAR2.59. Trading volume was 63% of average at the end of the day. The shares have risen 25.0c (or 10.7%) over the past two trading days vs. the FTSE/JSE- Africa Top 40 Index which has fallen 0.02% in the same period.

Technical indicators complementing today's significant uptrend:

+ The price jumped 7.9% in the last week and soared 12.6% in the last month.

Note

Stefanutti Stocks today is at a discount of 46.0% to the 12-month high of ZAR4.80 on 03 Feb, 2017. It is at a premium of 20.5% to the 12-month low of ZAR2.15 on 02 Jan, 2018.

Bearish Signals:

The negative 0.03 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

The stock has underperformed 75% of the South African market over the past 6 months.

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

The present value of ZAR1,000 invested one year ago is ZAR558 [vs ZAR1,173 for the FTSE/JSE- Africa Top 40 Index].

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

TODAY'S ALERT

Morning Alert: Stefanutti Stocks up 11.1% in 2 days

19 January 2018 10:51 SAST

Stefanutti Stocks Holdings Ltd. (J:SSK) extended its gains on Friday, rising an additional 20.0c (or 8.3%) to trade at ZAR2.60. The shares have risen 26.0c (or 11.1%) over the past two trading days vs. the FTSE/JSE- Africa Top 40 Index which has fallen 0.4% in the same period.

RECENT ALERTS

Afternoon Alert: Stefanutti Stocks drops 2.1% - underperforming 99% of stocks

17 January 2018 12:53 SAST

Stefanutti Stocks Holdings Ltd. (J:SSK) has dropped 5.0c (or 2.1%) today to trade at ZAR2.30 and has underperformed 99% of the market in the past week.

Morning Alert: Stefanutti Stocks drops 2.1% - underperforming 99% of stocks

17 January 2018 10:52 SAST

Stefanutti Stocks Holdings Ltd. (J:SSK) has dropped 5.0c (or 2.1%) today to trade at ZAR2.30 and has underperformed 99% of the market in the past week.

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

ISIN: ZAE000123766

PermID: 5000008280

Source: www.BuySellSignals.com