German stock alert

GFR

Afternoon Alert: Volkswagen preference down 2.1% in 2 days 18 January 2018 12:17 CET

NEWS BITES - EUROPE

Volkswagen AG (ETR:VOW3) extended its slide on Thursday, shedding an additional 48.0c (or 0.3%) to trade at EUR180.22. The preference shares have fallen EUR3.78 (or 2.1%) over the past two trading days vs. the DAX Index which has fallen 0.1% in the same period.

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

Overvaluation:

+ Price to Book of 5.7 [1.9]

+ Return on Assets 1.3% [2.5%]

+ Price/Earnings of 17.6 [9.8]

+ Return on Equity 5.8% [9.3%]

+ Return on Capital Employed 4.5% [6.6%]

Note

The preference stock has outperformed 80% of the Xetra market over the past 6 months.

Bullish Signals:

The positive 3.64 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

The 3.0% discount to 12-month high of EUR185.74 against the 44.5% premium to 12-month low of EUR124.75 suggests the preference stock continues to push for new highs.

In the last three months the preference stock has hit a new 52-week high twelve times, pointing to a significant uptrend.

EBIT margin and EBITDA margin are positive and have seen consecutive rises in recent years.

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

Undervaluation:

Price/Sales of 0.2 [0.4]

Volkswagen AG (DE:VOW3; ETR:VOW3; GR:VOW3)

ISIN: DE0007664039

Source: www.BuySellSignals.com