German stock alert
Afternoon Alert: Telefonica Deutschland keeps rising: up 2.8% in 3 days 21 July 2017 13:15 CEST
NEWS BITES - EUROPE
Telefonica Deutschland Holding AG (ETR:O2D) extended its gains on Friday, rising an additional 5.50c (or 1.2%) to trade at EUR4.61. Trading volume was 1.2 times average so far today.
Current indications of bullish signals that support the trend in the unusual trading:
+ The positive 0.05 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.
+ The 2.0% discount to 12-month high of EUR4.71 against the 36.9% premium to 12-month low of EUR3.37 suggests the stock continues to push for new highs.
Other Bullish Signals include:
+ Tobin's Q Ratio is 0.9. Compared with the rest of the market the stock is undervalued.
The stock has underperformed 50% of the Xetra market over the past 6 months.
Revenue growth rate has shown signs of deterioration in recent years.
Fundamental measures by comparison with the sector average [in brackets] indicate:
Price/Sales of 1.8 [1.3]
Telefonica Deutschland Holding AG (DE:O2D; ETR:O2D; GR:O2D)