German stock alert

GFR

Afternoon Alert: Deutsche Boerse down 2.3% in 2 days 20 September 2018 13:15 CEST

NEWS BITES - EUROPE

Deutsche Boerse AG (ETR:DB1) extended its slide on Thursday, shedding an additional EUR1.15 (or 1.0%) to trade at EUR115.0. Trading volume was 11% of average so far today. The shares have fallen EUR2.75 (or 2.3%) over the past two trading days vs. the DAX Index which has risen 1.1% in the same period.

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

+ The price decreased 1.8% in the last week.

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

Overvaluation:

+ Price/Sales of 7.4 [0.8]

+ Price to Book of 29.6 [3.4]

Other Bearish Signals include:

+ 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.

Note

The stock has outperformed 71% of the Xetra market over the past 6 months.

Bullish Signals:

The positive 0.22 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

The 5.1% discount to 12-month high of EUR121.15 against the 32.6% premium to 12-month low of EUR86.71 suggests the stock continues to push for new highs.

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

Interest cover is less leveraged at 15.9 times.

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

Undervaluation:

Return on Equity 19.0% [3.4%]

Deutsche Boerse AG (DE:DB1; ETR:DB1; GR:DB1)

ISIN: DE0005810055

Source: www.BuySellSignals.com