French stock alert

FRA

CLOSING UPDATE: Sequa Petroleum soars 26.7% on spectacular volume 19 January 2018 18:08 CET

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).

Sequa Petroleum, France's 5th largest oil & gas company by market capitalisation, traded on heavy volume of 8.2 times average today while the price soared 0.40c (or 26.7%) to trade at 1.90c. Compared with the CAC 40 Index which rose 31.7 points (or 0.6%) in the day, this represented a relative price increase of 26.1%.

Note

Sequa Petroleum today is at a discount of 81.0% to the 12-month high of 10.0c on 10 Apr, 2017. It is at a premium of 1,800.0% to the 12-month low of 0.10c on 03 Jan, 2018.

Bearish Signals:

In the last three months the stock has hit a new 52-week low thirty-eight times, pointing to a significant downtrend.

The price plummeted 42.4% in the last week.

The present value of EUR1,000 invested one year ago is EUR238 [vs EUR1,142 for the CAC 40 Index].

TODAY'S ALERT

Afternoon Alert: Sequa Petroleum soars 26.7%

19 January 2018 13:07 CET

Sequa Petroleum (FR:MLSEQ) traded on volume of 0.4 times average so far today while the price soared 0.40c (or 26.7%) to trade at 1.90c.

RECENT ALERTS

CLOSING UPDATE: Sequa Petroleum keeps sliding: down 62.5% in 3 days

18 January 2018 18:08 CET

Sequa Petroleum, France's 5th largest oil & gas company by market capitalisation, extended its slide on Thursday, shedding an additional 1.0c (or 40.0%) to trade at 1.50c. Trading volume was 10.5 times average at the end of the day. The shares have fallen 2.50c (or 62.5%) over the past three trading days vs. the CAC 40 Index which has fallen 0.3% in the same period.

Afternoon Alert: Sequa Petroleum keeps sliding: down 62.5% in 3 days

18 January 2018 13:07 CET

Sequa Petroleum (FR:MLSEQ) extended its slide on Thursday, shedding an additional 1.0c (or 40.0%) to trade at 1.50c. Trading volume was 1.3 times average so far today. The shares have fallen 2.50c (or 62.5%) over the past three trading days vs. the CAC 40 Index which has fallen 0.2% in the same period.

Sequa Petroleum (FR:MLSEQ; EPA:MLSEQ; PA:MLSEQ; FP:MLSEQ)

ISIN: NL0010623518

PermID: 5043318561

Source: www.BuySellSignals.com