Australia Stock Alert

AUSTR

CLOSING UPDATE: Commonwealth Bank of Australia decreased gains by 0.1%, led market higher July 25, 2017 16:00:00 AEST

NEWS BITES - AUSTRALIA

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

Commonwealth Bank of Australia, Australia's largest bank by market capitalisation, has increased 0.8% to trade at $A84.28 vs. the All Ordinaries Index which strengthened 37.3 points (or 0.7%) to 5,775.3. Representing a weighting of about 7.8% of the index, the stock accounted for 10.2% of today's gain. Trading volume was 76% of average at the end of the day. Compared with the All Ordinaries Index which rose 37.3 points (or 0.7%) in the day, this represented a relative price increase of 0.2%.

Technical indicators complementing today's significant uptrend:

+ The positive 0.52 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The 3.9% discount to 12-month high of $A87.74 against the 24.6% premium to 12-month low of $A67.62 suggests the stock continues to push for new highs.

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

+ The price lifted 3.5% in the last week and 3.3% in the last month.

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

Undervaluation:

+ Price/Earnings of 15.9 [18.9]

+ Return on Equity 15.3% [9.5%]

+ Return on Assets 1% [0.6%]

Other Bullish Signals include:

+ The company is cash rich with Cash to Market Capitalisation at 16.0%.

+ Tobin's Q Ratio is 0.2. Compared with the rest of the market the stock is undervalued and ranks in the top 3% of stock by value of Q Ratio.

+ Net profit margin has averaged 26.5% in the last 3 years. This is considered superior and suggests a high margin of safety.

+ As per the Du Pont analysis, Return on Equity of 15.3% is better than sector average of 9.5%.

Note

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

Overvaluation:

Price to Book of 2.9 [2.1]

TODAY'S ALERTS

Afternoon Alert: Commonwealth Bank of Australia increases 1.0%, leads market higher

July 25, 2017 13:00:00 AEST

Commonwealth Bank of Australia (ASX:CBA) has increased 1.0% to trade at $A84.38 vs. the All Ordinaries Index which strengthened 45.3 points (or 0.8%) to 5,783.3. Representing a weighting of about 7.8% of the index, the stock accounted for 9.4% of today's gain.

Morning Alert: Commonwealth Bank of Australia increases 0.8%, leads market higher

July 25, 2017 11:00:00 AEST

Commonwealth Bank of Australia (ASX:CBA) has increased 0.8% to trade at $A84.23 vs. the All Ordinaries Index which strengthened 34.1 points (or 0.6%) to 5,772.1. Representing a weighting of about 7.8% of the index, the stock accounted for 10.6% of today's gain.

RECENT ALERTS

CLOSING UPDATE: Commonwealth Bank of Australia decreased 0.5%

July 24, 2017 16:00:00 AEST

Commonwealth Bank of Australia, Australia's largest bank by market capitalisation, traded on volume of 0.7 times average today while the price decreased 40.0c (or 0.5%) to trade at $A83.57. Compared with the All Ordinaries Index which fell 33.2 points (or 0.6%) in the day, this represented a relative price increase of 0.1%.

Morning Alert: Commonwealth Bank of Australia decreases 0.9%, leads market lower

July 24, 2017 11:00:00 AEST

Commonwealth Bank of Australia (ASX:CBA) has decreased 0.9% to trade at $A83.21 vs. the All Ordinaries Index which weakened 45.7 points (or 0.8%) to 5,725.5. Representing a weighting of about 7.7% of the index, the stock accounted for 8.9% of today's loss.

Commonwealth Bank of Australia (AU:CBA; ASX:CBA; AX:CBA)

ISIN: AU000000CBA7

PermID: 4295856152

Source: www.BuySellSignals.com