French stock alert

FRA

CLOSING UPDATE: SRP Groupe decreased further 1.8% on spectacular volume 26 July 2017 18:07 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).

SRP Groupe traded on heavy volume of 8.9 times average today while the price plummeted EUR4.92 (or 21.2%) to trade at EUR18.28. Compared with the CAC 40 Index which rose 24.3 points (or 0.5%) in the day, this represented a relative price change of -21.7%.

Technical indicators complementing today's significant downtrend:

+ The negative 0.69 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, 5 for 3 months and 2 for 1 month.

+ The price plummeted 20.9% in the last week and 22.2% in the last month.

Other Bearish Signals include:

+ Net profit margin has averaged 0.9% in the last 3 years. This suggests the company is less profitable with a low margin of safety.

Note

Bullish Signals:

Tobin's Q Ratio is 1.5. Compared with the rest of the market the stock is undervalued.

TODAY'S ALERT

Afternoon Alert: SRP Groupe plummets 19.8% on spectacular volume

26 July 2017 14:04 CEST

SRP Groupe (FR:SRP) traded on heavy volume of 5.1 times average so far today while the price plummeted EUR4.59 (or 19.8%) to trade at EUR18.61.

RECENT ALERTS

CLOSING UPDATE: SRP Groupe down 2.9% in 2 days

24 July 2017 18:03 CEST

SRP Groupe extended its slide on Monday, shedding an additional 36.0c (or 1.6%) to trade at EUR22.77. Trading volume was 55% of average at the end of the day.

Afternoon Alert: SRP Groupe down 3.8% in 2 days

24 July 2017 14:04 CEST

SRP Groupe (FR:SRP) extended its slide on Monday, shedding an additional 56.0c (or 2.4%) to trade at EUR22.57. Trading volume was 82% of average so far today.

SRP Groupe (FR:SRP; EPA:SRP; PA:SRP; FP:SRP)

ISIN: FR0013006558

Source: www.BuySellSignals.com