Russian stock alert
Morning Alert: Marienergosbyt keeps rising: up 13.6% in 4 days 18 October 2017 11:38 SAMT
NEWS BITES - BRIC
Marienergosbyt Preference (MICEX:MISBP) extended its gains on Wednesday, rising an additional 58.0 Kopeck (or 6.9%) to trade at RUB9.0. Trading volume was 2.4 times average so far today. The preference shares have risen RUB1.08 (or 13.6%) over the past four trading days vs. the MICEX Index which has fallen 0.003% in the same period.
SECTION 1: The past week
Current indications of bullish signals that support the trend in the unusual trading
1.1 At a glance
Weekly: Marienergosbyt rises for a fourth consecutive week, a four-week rise of 110.5% October 17, 2017 18:00 SAMT
Marienergosbyt Preference (MICEX:MISBP) has risen 72.0 Kopeck (or 9.4%) on high volume to close at RUB8.42. The rose for a fourth consecutive week on Tuesday bringing its a four-week rise to RUB4.42 or 110.5%. Compared with the MICEX Index which rose 42.1 points (or 2.1%) in the four weeks, this represented a relative price increase of 108.4%. This has been propped up by spectacular volume of 20.2 times average for the week. In the past four weeks the market cap has jumped RUB47.1 million.
1.2 5-day Recap
Marienergosbyt outperformed the MICEX Index in 3 out of 5 days.
[Volume Index (VI); 1 is average]
|Day||Headline||Close price [RUB]||Price change %||Relative change %||Comment|
|Tuesday||Marienergosbyt in its biggest weekly gain in 6 months||8.42||1.4||2.1||VI=66.3|
|Monday||Marienergosbyt hits year-high||8.3||0.2||-0.2||VI=25.1|
|Friday||Marienergosbyt hits year-high 8th time in three months||8.28||4.5||4.5||Top Rise; VI=6.1|
|Thursday||Marienergosbyt hits year-high 7th time in three months||7.92||-1.0||-0.7||Steepest Fall; VI=12.4|
|Wednesday||Marienergosbyt keeps rising, up 12.4% in 3 days||8.0||3.9||3.7||VI=6.5|
SECTION 2: Technical indicators
In the Russian market, the preference stock's relative price strength percentile is rising at 97 for 6 months, 97 for 3 months and 99 for 1 month.
In the last three months the preference stock has hit a new 52-week high ten times, pointing to a significant uptrend.
The preference stock is at a discount of 22.5% to the 12-month high of RUB11.61 on 17 Oct, 2017. It is also at a premium of 227.3% to the 12-month low of RUB2.75 on 30 May, 2017.
SECTION 3: Ranking
|Description||Value||Rank In Market|
|MCap $US million||1.7||In Bottom 1%|
|52-week Range (in RUB)||2.8-11.6|
|1-month Range (in RUB)||4.0-11.6|
|Today's Volatility %||28.9||In Bottom 5%|
SECTION 4: Recent News of Marienergosbyt
September 26: Marienergosbyt announces dividend
Marienergosbyt today announced a cash dividend of 99.39 Kopeck per share. The record date is Friday, November 17.
Marienergosbyt Preference (M:MISBP; MCX:MISBP; MM:MISBP; RM:MISBP)