German stock alert

GFR

Afternoon Alert: Allianz increases 0.8%, leads Insurance sector higher 20 April 2018 13:15 CEST

NEWS BITES - EUROPE

Allianz (ETR:ALV) has increased 0.8% to trade at EUR194.14 vs. the Insurance sector which strengthened 22.2 points (or 0.2%) to 13,453.2. Representing a weighting of about 11.1% of the sector, the stock accounted for 50.2% of today's gain.

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

+ The positive 1.25 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

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

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

Undervaluation:

+ Dividend yield of 3.9% [0.8%]

+ Price/Earnings of 10.7 [13.3]

+ Return on Equity 10.2% [8.6%]

Other Bullish Signals include:

+ The Brand Value represents an impressive 8.4% of the estimated Enterprise Value of EUR121.5 billion (US$149.9 billion).

+ Revenue growth rate has shown signs of recovery in recent years.

Note

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

Overvaluation:

Return on Assets 0.8% [1.2%]

Allianz (DE:ALV; ETR:ALV; GR:ALV)

ISIN: DE0008404005

PermID: 4295870171

Source: www.BuySellSignals.com