German stock alert

GFR

Afternoon Alert: Daimler keeps rising: up 2.6% in 3 days 20 September 2018 13:15 CEST

NEWS BITES - EUROPE

Daimler AG (ETR:DAI) extended its gains on Thursday, rising an additional 55.0c (or 1.0%) to trade at EUR56.87. Trading volume was 34% of average so far today.

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

+ The price lifted 3.2% in the last week and 2.9% in the last month.

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

Undervaluation:

+ Dividend yield of 6.4% [1.2%]

+ Return on Equity 17.5% [12.2%]

+ Return on Capital Employed 8.8% [7.6%]

+ Return on Assets 4.3% [3.7%]

Other Bullish Signals include:

+ The company is cash rich with Cash to Market Capitalisation at 20.8%.

Note

Daimler today is at a discount of 21.5% to the 12-month high of EUR72.47 on 24 Jan, 2018. It is at a premium of 6.3% to the 12-month low of EUR53.52 on 05 Sep, 2018.

Bearish Signals:

The negative 0.15 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

The stock has underperformed 70% 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.

Tobin's Q Ratio is 0.2. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.

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

Overvaluation:

Price/Earnings/Growth of 0.39 [0.1]

Daimler AG (DE:DAI; ETR:DAI; GR:DAI)

ISIN: DE0007100000

PermID: 4295869694

Source: www.BuySellSignals.com