German stock alert


Afternoon Alert: Medical Columbus keeps rising: up 64.8% in 5 days 18 June 2018 13:15 CEST


Medical Columbus AG (ETR:MCE) extended its gains on Monday, rising an additional EUR1.0 (or 20.8%) to trade at EUR5.80. Trading volume was 5.7 times average so far today. The shares have risen EUR2.28 (or 64.8%) over the past five trading days vs. the DAX Index which has fallen 0.04% in the same period.

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

+ The 3.3% discount to 12-month high of EUR6.0 against the 105.7% premium to 12-month low of EUR2.82 suggests the stock continues to push for new highs.

+ In the last one month the stock has hit a new 52-week high eleven times and in the last three months twelve times, pointing to a significant uptrend.

+ The present value of EUR1,000 invested one year ago is EUR1,789 [vs EUR1,007 for the DAX Index].

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


+ Return on Assets 12.8% [6.1%]

+ Return on Equity 16.3% [10.9%]

+ Year-on-Year Earnings Growth of 7.9% [5.7%]

Other Bullish Signals include:

+ The company is cash rich with Cash to Market Capitalisation at 14.1%.

+ Total Liabilities/EBITDA of 1.3 is comfortably below the Joseph Piotroski benchmark of <5.


Bearish Signals:

Tobin's Q Ratio is 3.8. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.

Net profit margin has averaged 13% in the last 3 years. This is lower than the sector average of 19.6% and suggests a low margin of safety.

Medical Columbus AG (DE:MCE; ETR:MCE; GR:MCE)

ISIN: DE0006618309

PermID: 4295870104