Australia Stock Alert

AUSTR

CLOSING UPDATE: BHP Billiton recovers losses by 0.4%, led market lower July 21, 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).

BHP Billiton, Australia's largest materials company by market capitalisation, has decreased 1.9% to trade at $A24.49 vs. the All Ordinaries Index which weakened 34.5 points (or 0.6%) to 5,771.2. Representing a weighting of about 7.0% of the index, the stock accounted for 22.7% of today's loss. Trading volume was 85% of average at the end of the day. Compared with the All Ordinaries Index which fell 34.5 points (or 0.6%) in the day, this represented a relative price change of -1.3%.

Technical indicators complementing today's significant downtrend:

+ The price dropped 2.5% in the last week.

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

Overvaluation:

+ Price/Sales of 3.3 [2.2]

Other Bearish Signals include:

+ Net profit margin has averaged 2.7% in the last 3 years. This suggests the company is less profitable with a low margin of safety.

Note

BHP Billiton today is at a discount of 10.5% to the 12-month high of $A27.37 on 25 Jan, 2017. It is at a premium of 33.6% to the 12-month low of $A18.33 on 26 Jul, 2016.

Bullish Signals:

The positive 0.41 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

Tobin's Q Ratio is 0.9. Compared with the rest of the market the stock is undervalued.

TODAY'S ALERTS

Afternoon Alert: BHP Billiton drops 2.3%, leads market lower

July 21, 2017 13:00:00 AEST

BHP Billiton Limited (ASX:BHP) has dropped 2.3% to trade at $A24.39 vs. the All Ordinaries Index which weakened 23.3 points (or 0.4%) to 5,782.4. Representing a weighting of about 6.9% of the index, the stock accounted for 40.3% of today's loss.

Morning Alert: BHP Billiton decreases 1.6%

July 21, 2017 11:00:00 AEST

BHP Billiton Limited (ASX:BHP) has decreased 41.0c (or 1.6%) to trade at $A24.56.

RECENT ALERTS

CLOSING UPDATE: BHP Billiton increased further 0.1%, led S&P/ASX 200 Resources higher

July 20, 2017 16:00:00 AEST

BHP Billiton, Australia's largest materials company by market capitalisation, has increased 0.6% to trade at $A24.97 vs. the S&P/ASX 200 Resources which strengthened 8.7 points (or 0.3%) to 3,391.7. Representing a weighting of about 32.8% of the index, the stock accounted for 70.6% of today's gain. Trading volume was 77% of average at the end of the day. Compared with the All Ordinaries Index which rose 26.3 points (or 0.5%) in the day, this represented a relative price increase of 0.1%.

Afternoon Alert: BHP Billiton increases 0.5%, leads S&P/ASX 200 Materials index higher

July 20, 2017 13:00:00 AEST

BHP Billiton Limited (ASX:BHP) has increased 0.5% to trade at $A24.95 vs. the S&P/ASX 200 Materials index which strengthened 18.2 points (or 0.2%) to 9,992.9. Representing a weighting of about 32.4% of the index, the stock accounted for 82.8% of today's gain.

BHP Billiton Limited (AU:BHP; ASX:BHP; AX:BHP)

ISIN: AU000000BHP4

PermID: 4295856983

Source: www.BuySellSignals.com