French stock alert

FRA

Afternoon Alert: UBISOFT Entertainment hits 52-week high fourth time in one month 25 July 2017 14:03 CEST

NEWS BITES - EUROPE

UBISOFT Entertainment (FR:UBI) hit a 52-week high of EUR54.44 today for the fourth time in the past one month and last traded at EUR54.23. This brought its two-day rise to 89.0c or 1.7%. Trading volume was 70% of average so far today.

Current indications of bullish signals that support the trend in the unusual trading:

+ The positive 0.96 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The stock has outperformed 96% of the French market over the past 6 months.

+ In the last one month the stock has hit a new 52-week high four times and in the last three months twenty-one times, pointing to a significant uptrend.

Other Bullish Signals include:

+ Interest cover is less leveraged at 15.6 times.

+ Total Liabilities/EBITDA of 0.9 is comfortably below the Joseph Piotroski benchmark of <5.

+ Net Profit margin has shown signs of recovery in recent years.

Note

Bearish Signals:

Tobin's Q Ratio is 3. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.

Overbought/Bearish:

The 0.4% discount to 12-month high of EUR54.44 against the 90.3% premium to 12-month low of EUR28.50 suggests the climb might be peaking.

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

Overvaluation:

Price/Earnings/Growth of 9.45 [1.4]

Price to Book of 23.2 [8.7]

Price/Sales of 4.4 [2.4]

Price/Earnings of 66.1 [49.0]

UBISOFT Entertainment (FR:UBI; EPA:UBI; PA:UBI; FP:UBI)

ISIN: FR0000054470

PermID: 4295867377

Source: www.BuySellSignals.com