German stock alert

GFR

Afternoon Alert: SMA Solar Technology accelerates rise, now up 5.1% in 2 days 21 September 2018 13:15 CEST

NEWS BITES - EUROPE

SMA Solar Technology AG (ETR:S92) is up EUR1.48 (or 5.1%) over the past two trading days. After rising 1.8% on Thursday, the stock rose 3.2% on Friday to trade at EUR30.62 vs. the DAX Index that is up 1.6% in the same period.

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

Undervaluation:

+ Dividend yield of 1.1% [0.2%]

+ Price to Book of 2 [4.0]

Bullish Signals:

+ The company is cash rich with Cash to Market Capitalisation at 25.6%.

+ Interest cover is less leveraged at 14.1 times.

+ Tobin's Q Ratio is 0.9. Compared with the rest of the market the stock is undervalued.

Note

SMA Solar Technology today is at a discount of 51.2% to the 12-month high of EUR62.76 on 17 May, 2018. It is at a premium of 17.4% to the 12-month low of EUR26.08 on 10 Sep, 2018.

Bearish Signals:

The negative 0.7 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

The stock has underperformed 97% of the Xetra market over the past 6 months.

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

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

Overvaluation:

Price/Sales of 1.1 [0.5]

Price/Earnings of 35.2 [18.5]

SMA Solar Technology AG (DE:S92; ETR:S92; GR:S92)

ISIN: DE000A0DJ6J9

PermID: 4298052237

Source: www.BuySellSignals.com