German stock alert

GFR

Afternoon Alert: Steinhoff International Holdings tumbles 6.6% 18 January 2018 12:17 CET

NEWS BITES - EUROPE

Steinhoff International Holdings NV (ETR:SNH) traded on volume of 0.3 times average so far today while the price tumbled 3.0c (or 6.6%) to trade at 42.50c.

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

+ The negative 0.31 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

+ In the last three months the stock has hit a new 52-week low eleven times, pointing to a significant downtrend.

+ The price plummeted 25.4% in the last month.

Note

Steinhoff International Holdings today is at a discount of 92.0% to the 12-month high of EUR5.29 on 28 Feb, 2017. It is at a premium of 71.4% to the 12-month low of 24.80c on 21 Dec, 2017.

Bullish Signals:

The company is cash rich with Cash to Market Capitalisation at 54.2%.

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

Undervaluation:

Return on Assets 4.5% [1.0%]

Return on Equity 9.1% [7.9%]

Steinhoff International Holdings NV (DE:SNH; ETR:SNH; GR:SNH)

ISIN: NL0011375019

Source: www.BuySellSignals.com