Russian stock alert
Afternoon Alert: Kostroma Retail Co accelerates rise, now up 8.8% in 2 days 16 January 2018 14:08 SAMT
NEWS BITES - BRIC
Kostroma Retail Co (MICEX:KTSB) is up 3.0 Kopeck (or 8.8%) over the past two trading days. After rising 2.9% on Monday, the stock rose 5.7% on Tuesday to trade at 37.0 Kopeck vs. the MOEX Russia Index that is down 0.7% in the same period.
Kostroma Retail Co today is at a discount of 25.2% to the 12-month high of 49.50 Kopeck on 20 Jan, 2017. It is at a premium of 41.2% to the 12-month low of 26.20 Kopeck on 04 Dec, 2017.
The stock has underperformed 51% of the Russian market over the past 6 months.
In the last three months the stock has hit a new 52-week low five times, pointing to a downtrend.
Kostroma Retail Co (M:KTSB; MCX:KTSB; MM:KTSB; RM:KTSB)