Russian stock alert

RUSS

CLOSING UPDATE: Rosneft increases 0.5% - outperforming 94% of stocks 15 June 2018 19:47 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).

Rosneft, Russia's largest oil & gas company by market capitalisation, has increased RUB2.0 (or 0.5%) today to trade at RUB383.30 and has outperformed 94% of the market in the past three months. A price rise combined with a high relative strength is a bullish signal. Compared with the MOEX Russia Index which fell 16.4 points (or 0.7%) in the day, this represented a relative price increase of 1.3%.

Technical indicators complementing today's significant uptrend:

+ In the last three months the stock has hit a new 52-week high four times, pointing to an uptrend.

Other Bullish Signals include:

+ The company is cash rich with Cash to Market Capitalisation at 16.2%.

+ Tobin's Q Ratio is 0.3. Compared with the rest of the market the stock is undervalued.

Note

Rosneft today is at a discount of 6.1% to the 12-month high of RUB408.05 on 02 May, 2018. It is at a premium of 36.1% to the 12-month low of RUB281.65 on 09 Apr, 2018.

Bearish Signals:

The negative 2.18 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

In the last three months the stock has hit a new 52-week low once.

The price dropped 3.0% in the last month.

Net profit margin has averaged 5.3% in the last 3 years. This is lower than the sector average of 8.3% and suggests a low margin of safety.

As per the Du Pont analysis, Return on Equity is less than stellar at 7.3%.

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

Overvaluation:

Price/Earnings of 18.3 [7.0]

Price to Book of 1.5 [0.8]

Return on Equity 7.3% [10.5%]

Return on Assets 2.4% [5.5%]

Return on Capital Employed 7.1% [11.5%]

TODAY'S ALERTS

Afternoon Alert: Rosneft decreases 0.4% on firm volume

15 June 2018 14:06 SAMT

OJSC OC Rosneft (MICEX:ROSN) traded on heavy volume of 1.1 times average so far today while the price decreased RUB1.40 (or 0.4%) to trade at RUB379.90.

Morning Alert: Rosneft decreases 0.2%

15 June 2018 11:38 SAMT

OJSC OC Rosneft (MICEX:ROSN) traded on volume of 0.7 times average so far today while the price decreased 70.0 Kopeck (or 0.2%) to trade at RUB380.60.

RECENT ALERTS

CLOSING UPDATE: Rosneft recovers 0.5% on high volume

14 June 2018 19:46 SAMT

Rosneft, Russia's largest oil & gas company by market capitalisation, traded on heavy volume of 1.9 times average today while the price decreased RUB1.60 (or 0.4%) to trade at RUB381.30. Compared with the MOEX Russia Index which fell 18.1 points (or 0.8%) in the day, this represented a relative price increase of 0.4%.

Afternoon Alert: Rosneft decreases 0.9% on firm volume

14 June 2018 14:07 SAMT

OJSC OC Rosneft (MICEX:ROSN) traded on heavy volume of 1.3 times average so far today while the price decreased RUB3.40 (or 0.9%) to trade at RUB379.50.

OJSC OC Rosneft (M:ROSN; MCX:ROSN; MM:ROSN; RM:ROSN)

ISIN: RU000A0J2Q06

PermID: 4295887083

Source: www.BuySellSignals.com