Australia Stock Alert

AUSTR

Afternoon Alert: APA Group continues significant uptrend, increases 0.4% June 19, 2018 13:00:00 AEST

NEWS BITES - AUSTRALIA

APA Group (ASX:APA) continued its significant uptrend and increased 4.0c (or 0.4%) to trade at $A9.92 today.

Current indications of bullish signals that support the trend in the unusual trading:

+ The positive 0.37 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The 3.6% discount to 12-month high of $A10.29 against the 30.7% premium to 12-month low of $A7.59 suggests the unit continues to push for new highs.

+ In the Australian market, the unit's relative price strength percentile is rising at 90 for 6 months, 90 for 3 months and 96 for 1 month.

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

Undervaluation:

+ Return on Capital Employed 6.3% [4.1%]

+ Return on Equity 8.0% [6.3%]

Other Bullish Signals include:

+ Tobin's Q Ratio is 0.8. Compared with the rest of the market the unit is undervalued.

+ Net profit margin has averaged 18.3% in the last 3 years. This is considered superior and suggests a high margin of safety.

+ Net Profit margin and EBIT margin are positive and have seen consecutive rises in recent years.

Note

Bearish Signals:

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

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

Overvaluation:

Price/Sales of 5 [1.7]

Return on Assets 1.6% [2.3%]

Price/Earnings of 46.8 [33.8]

Dividend yield of 4.4% [5.1%]

APA Group (AU:APA; ASX:APA; AX:APA)

ISIN: AU000000APA1

PermID: 4295857186

Source: www.BuySellSignals.com