German stock alert

GFR

Afternoon Alert: SAP increases 1.2%, leads market higher 20 June 2018 13:15 CEST

NEWS BITES - EUROPE

SAP SE (ETR:SAP) has increased 1.2% to trade at EUR102.98 vs. the DAX Index which strengthened 63.1 points (or 0.5%) to 12,741.0. Representing a weighting of about 11.0% of the index, the stock accounted for 26.7% of today's gain. The shares have outperformed 92% of the market in the past month.

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

+ The positive 2.41 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The 2.2% discount to 12-month high of EUR105.28 against the 27.4% premium to 12-month low of EUR80.87 suggests the stock continues to push for new highs.

+ In the last three months the stock has hit a new 52-week high nine times, pointing to a significant uptrend.

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

Undervaluation:

+ Dividend yield of 1.4% [0.4%]

+ Price/Earnings/Growth of 4.48 [8.3]

+ Year-on-Year Earnings Growth of 10.5% [5.7%]

+ Return on Assets 9.5% [6.1%]

+ Price/Earnings of 30.6 [47.5]

+ Return on Equity 16.0% [10.9%]

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.

SAP SE (DE:SAP; ETR:SAP; GR:SAP)

ISIN: DE0007164600

PermID: 4295868698

Source: www.BuySellSignals.com