French stock alert

FRA

CLOSING UPDATE: AXA increases 1.4% - outperforming 91% of stocks 21 September 2018 18:11 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).

AXA, France's largest non life insurance company by market capitalisation, has increased 33.0c (or 1.4%) today to trade at EUR23.35 and has outperformed 91% of the market in the past week. A price rise combined with a high relative strength is a bullish signal. Compared with the CAC 40 Index which rose 42.6 points (or 0.8%) in the day, this represented a relative price increase of 0.7%.

Technical indicators complementing today's significant uptrend:

+ The positive 0.31 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

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

Undervaluation:

+ Price/Earnings of 7.8 [9.9]

Other Bullish Signals include:

+ Net profit margin has averaged 6.5% in the last 3 years. This is better than the sector average of 4.7% and suggests a high margin of safety.

+ The Brand Value represents an impressive 17.2% of the estimated Enterprise Value of EUR74 billion (US$87.2 billion).

+ As per the Du Pont analysis, Return on Equity of 9.2% is better than sector average of 8.5%.

Note

AXA today is at a discount of 11.0% to the 12-month high of EUR26.23 on 23 Jan, 2018. It is at a premium of 17.7% to the 12-month low of EUR19.83 on 28 Mar, 2018.

TODAY'S ALERT

Afternoon Alert: AXA in 8th consecutive rise, nears ten-month high

21 September 2018 12:05 CEST

AXA (FR:CS) extended its gains Friday, rising an additional 22.0c (or 1.0%) to trade at EUR23.24. The stock increased 1.74% on Wednesday and 0.96% on Thursday bringing its 8-day rise to 6.4%. It is now approaching its 202-day high of EUR23.39.

RECENT ALERTS

CLOSING UPDATE: AXA keeps rising: up 5.4% in 7 days

20 September 2018 18:10 CEST

AXA, France's largest non life insurance company by market capitalisation, extended its gains on Thursday, rising an additional 22.0c (or 1.0%) to trade at EUR23.02. Trading volume was 1.3 times average at the end of the day.

Afternoon Alert: AXA in 7th consecutive rise, nears six-month high

20 September 2018 14:05 CEST

AXA (FR:CS) extended its gains Thursday, rising an additional 19.0c (or 0.8%) to trade at EUR22.99. The stock increased 0.81% on Tuesday and 1.74% on Wednesday bringing its 7-day rise to 5.2%. It is now approaching its 119-day high of EUR23.0.

AXA (FR:CS; EPA:CS; PA:CS; FP:CS)

ISIN: FR0000120628

PermID: 4295867483

Source: www.BuySellSignals.com