French stock alert

FRA

CLOSING UPDATE: Valeo hits 52-week low sixth time in one month 17 August 2018 18:06 CEST

NEWS BITES - EUROPE

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

Valeo, France's 4th largest automobiles & parts company by market capitalisation, hit a 52-week low of EUR38.63 earlier today for the sixth time in the past one month, but later rebounded higher to EUR39.27. Trading volume was 89% of average at the end of the day. Compared with the CAC 40 Index which fell 4.1 points (or 0.08%) in the day, this represented a relative price increase of 0.2%.

Technical indicators complementing today's significant downtrend:

+ The negative 2.15 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

+ In the French market, the stock's relative price strength percentile is slipping at 10 for 6 months, 6 for 3 months and 4 for 1 month.

+ In the last one month the stock has hit a new 52-week low six times and in the last three months fifteen times, pointing to a significant downtrend.

+ The price sank 5.4% in the last week and plummeted 19.0% in the last month.

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

Overvaluation:

+ Price/Earnings of 9.8 [8.1]

+ Price/Earnings/Growth of 0.55 [0.4]

+ Price/Sales of 0.5 [0.5]

Note

Bullish Signals:

The company is cash rich with Cash to Market Capitalisation at 13.0%.

Tobin's Q Ratio is 0.5. Compared with the rest of the market the stock is undervalued.

Net profit margin has averaged 5.7% in the last 3 years. This is better than the sector average of 4.9% and suggests a high margin of safety.

As per the Du Pont analysis, Return on Equity is high at 24.0%. Also, this has improved from 22.5% last year.

Oversold/Bullish:

The 1.7% premium to 12-month low of EUR38.63 against the 39.6% discount to high of EUR64.97 suggests the decline might be bottoming.

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

Undervaluation:

Return on Equity 24.0% [15.7%]

Return on Assets 6.2% [4.7%]

TODAY'S ALERTS

Afternoon Alert: Valeo keeps sliding: down 8.2% in 6 days

17 August 2018 14:15 CEST

Valeo (FR:FR) extended its slide on Friday, shedding an additional 56.0c (or 1.4%) to trade at EUR38.67. Trading volume was 68% of average so far today. The shares have fallen EUR3.45 (or 8.2%) over the past six trading days vs. the CAC 40 Index which has fallen 3.0% in the same period.

Afternoon Alert: Valeo keeps sliding: down 7.8% in 6 days

17 August 2018 12:09 CEST

Valeo (FR:FR) extended its slide on Friday, shedding an additional 38.0c (or 1.0%) to trade at EUR38.85. Trading volume was 72% of average so far today. The shares have fallen EUR3.27 (or 7.8%) over the past six trading days vs. the CAC 40 Index which has fallen 2.8% in the same period.

RECENT ALERTS

CLOSING UPDATE: Valeo in 5th consecutive fall, nears a 41-month low

16 August 2018 18:09 CEST

Valeo, France's 4th largest automobiles & parts company by market capitalisation, slipped further on Thursday, sliding an additional 14.0c (or 0.4%) to trade at EUR39.23. The stock decreased 1.52% on Tuesday and 3.36% on Wednesday bringing its 5-day fall to 6.9%. It is now approaching its twenty-nine-month low of EUR38.94. Compared with the CAC 40 Index which rose 43.8 points (or 0.8%) in the day, this represented a relative price change of -0.9%.

Afternoon Alert: Valeo hits 52-week low fifth time in one month

16 August 2018 14:08 CEST

Valeo (FR:FR) hit a 52-week low of EUR38.94 earlier today for the fifth time in the past one month, but later rebounded higher to EUR39.23. Trading volume was 1.1 times average so far today.

Valeo (FR:FR; EPA:FR; PA:FR; FP:FR)

ISIN: FR0013176526

PermID: 4295867394

Source: www.BuySellSignals.com