Australia Stock Alert

AUSTR

CLOSING UPDATE: Mach7 Technologies up 39.6% in 2 days January 16, 2018 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).

Mach7 Technologies, Australia's 72nd largest software & services company by market capitalisation, extended its gains on Tuesday, rising an additional 8.50c (or 34.0%) to trade at 33.50c. Trading volume was 9.3 times average at the end of the day. The shares have risen 9.50c (or 39.6%) over the past two trading days vs. the All Ordinaries Index which has fallen 0.2% in the same period.

Technical indicators complementing today's significant uptrend:

+ The stock has outperformed 85% of the Australian market over the past 6 months.

+ The price soared 34.0% in the last week and 21.8% in the last month.

Other Bullish Signals include:

+ Tobin's Q Ratio is 1.7. Compared with the rest of the market the stock is undervalued.

Note

Mach7 Technologies today is at a discount of 16.2% to the 12-month high of 40.0c on 07 Mar, 2017. It is at a premium of 219.1% to the 12-month low of 10.50c on 20 Jun, 2017.

TODAY'S ALERT

Afternoon Alert: Mach7 Technologies up 20.8% in 2 days

January 16, 2018 13:00:00 AEST

Mach7 Technologies Limited (ASX:M7T) extended its gains on Tuesday, rising an additional 4.0c (or 16.0%) to trade at 29.0c. The shares have risen 5.0c (or 20.8%) over the past two trading days vs. the All Ordinaries Index which has fallen 0.01% in the same period.

RECENT ALERTS

CLOSING UPDATE: Mach7 Technologies sinks gains by 5.7% - outperforming 90% of stocks

January 15, 2018 16:00:00 AEST

Mach7 Technologies, Australia's 76th largest software & services company by market capitalisation, has climbed 1.0c (or 4.2%) today to trade at 25.0c and has outperformed 90% of the market in the past week. A price rise combined with a high relative strength is a bullish signal. Compared with the All Ordinaries Index which rose 9.7 points (or 0.2%) in the day, this represented a relative price increase of 4.0%.

Afternoon Alert: Mach7 Technologies soars 10.4% - outperforming 94% of stocks

January 15, 2018 13:00:00 AEST

Mach7 Technologies Limited (ASX:M7T) has soared 2.50c (or 10.4%) today to trade at 26.50c and has outperformed 94% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

Mach7 Technologies Limited (AU:M7T; ASX:M7T; AX:M7T)

ISIN: AU000000M7T0

PermID: 4295858321

Source: www.BuySellSignals.com