German stock alert

GFR

Afternoon Alert: Wirecard tumbles 8.3% 20 September 2018 13:15 CEST

NEWS BITES - EUROPE

Wirecard AG (ETR:WDI) traded on volume of 0.1 times average so far today while the price tumbled EUR15.35 (or 8.3%) to trade at EUR169.25.

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

+ The price tumbled 6.3% in the last week and 8.3% in the last month.

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

Overvaluation:

+ Dividend yield of 0.1% [0.4%]

+ Price/Sales of 13.6 [3.9]

Other Bearish Signals include:

+ Tobin's Q Ratio is 4.6. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.

Note

Wirecard today is at a discount of 14.9% to the 12-month high of EUR199.0 on 04 Sep, 2018. It is at a premium of 128.4% to the 12-month low of EUR74.11 on 21 Sep, 2017.

Bullish Signals:

The positive 1.72 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

The stock has outperformed 99% of the Xetra market over the past 6 months.

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

The present value of EUR1,000 invested one year ago is EUR2,268 [vs EUR978 for the DAX Index].

Interest cover is less leveraged at 9.4 times.

Wirecard AG (DE:WDI; ETR:WDI; GR:WDI)

ISIN: DE0007472060

PermID: 4295869662

Source: www.BuySellSignals.com