German stock alert
Afternoon Alert: GBS Software jumps 8.3% 15 June 2018 13:15 CEST
NEWS BITES - EUROPE
GBS Software AG (ETR:INW1) traded on volume of 0.4 times average so far today while the price jumped 3.80c (or 8.3%) to trade at 49.80c.
Current indications of bullish signals that support the trend in the unusual trading:
+ The price jumped 9.2% in the last week and soared 10.7% in the last month.
Other Bullish Signals include:
+ Tobin's Q Ratio is 0.2. Compared with the rest of the market the stock is undervalued.
GBS Software today is at a discount of 19.6% to the 12-month high of 61.90c on 28 Dec, 2017. It is at a premium of 23.9% to the 12-month low of 40.20c on 24 Aug, 2017.
The stock has underperformed 76% of the Xetra market over the past 6 months.
GBS Software AG (DE:INW1; ETR:INW1; GR:INW1)