German stock alert
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:
+ 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.
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.
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)