Russian stock alert

RUSS

CLOSING UPDATE: Astrakhan Energy Retail hits 52-week low eighth time in one month 20 September 2018 19:45 SAMT

NEWS BITES - BRIC

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

Astrakhan Energy Retail hit a 52-week low of 42.0 Kopeck earlier today for the eighth time in the past one month, but later rebounded higher to 42.90 Kopeck. Trading volume was 4.1 times average at the end of the day. Compared with the MOEX Russia Index which rose 9.1 points (or 0.4%) in the day, this represented a relative price change of -5.8%.

Technical indicators complementing today's significant downtrend:

+ In the last one month the stock has hit a new 52-week low seven times and in the last three months eight times, pointing to a significant downtrend.

+ The price sank 4.7% in the last month.

Note

Astrakhan Energy Retail today is at a discount of 10.1% to the 12-month high of 47.70 Kopeck on 19 Sep, 2018. It is at a premium of 2.1% to the 12-month low of 42.0 Kopeck on 20 Sep, 2018.

Bullish Signals:

In the last three months the stock has hit a new 52-week high thrice.

TODAY'S ALERTS

Afternoon Alert: Astrakhan Energy Retail hits 52-week low eighth time in one month

20 September 2018 14:06 SAMT

Astrakhan Energy Retail Company (MICEX:ASSB) hit a 52-week low of 42.0 Kopeck earlier today for the eighth time in the past one month, but later rebounded higher to 42.90 Kopeck. Trading volume was 1.5 times average so far today.

Morning Alert: Astrakhan Energy Retail tumbles 6.9%

20 September 2018 11:38 SAMT

Astrakhan Energy Retail Company (MICEX:ASSB) traded on volume of 0.4 times average so far today while the price tumbled 3.10 Kopeck (or 6.9%) to trade at 42.0 Kopeck.

Astrakhan Energy Retail Company (M:ASSB; MCX:ASSB; MM:ASSB; RM:ASSB)

ISIN: RU000A0D8MM8

PermID: 4295887176

Source: www.BuySellSignals.com