German stock alert


Afternoon Alert: Porsche Automobile lifts 2.3% 18 October 2017 13:14 CEST


Porsche Automobil Holding SE (ETR:PAH3) traded on volume of 0.2 times average so far today while the price lifted EUR1.33 (or 2.3%) to trade at EUR58.38.

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

+ The positive 1.62 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ In the Xetra market, the preference stock's relative price strength percentile is improving at 68 for 6 months, 70 for 3 months and 87 for 1 month.

+ In the last three months the preference stock has hit a new 52-week high once.

Other Bullish Signals include:

+ Interest cover is less leveraged at 70.1 times.

+ Total Liabilities/EBITDA of 0.3 is comfortably below the Joseph Piotroski benchmark of <5.

+ Tobin's Q Ratio is 0.3. Compared with the rest of the market the preference stock is undervalued.

+ Return on Assets, Return on Equity and Return on Capital Employed have shown signs of recovery in recent years.


Bearish Signals:

As per the Du Pont analysis, Return on Equity is less than stellar at 4.9%.


The 0.2% discount to 12-month high of EUR58.50 against the 35.0% premium to 12-month low of EUR43.25 suggests the climb might be peaking.

Porsche Automobil Holding SE (DE:PAH3; ETR:PAH3; GR:PAH3)

ISIN: DE000PAH0038

PermID: 4295869130