German stock alert

GFR

Afternoon Alert: Daimler hits 52-week high third time in one month 16 January 2018 12:18 CET

NEWS BITES - EUROPE

Daimler AG (ETR:DAI) hit a 52-week high of EUR74.72 today for the third time in the past one month and last traded at EUR74.70.

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

+ The positive 1.03 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

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

+ The price increased 1.0% in the last week and climbed 4.2% in the last month.

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

Undervaluation:

+ Dividend yield of 4.3% [0.8%]

+ Return on Equity 15.6% [9.3%]

+ Return on Assets 3.6% [2.5%]

+ Return on Capital Employed 8.3% [6.6%]

Other Bullish Signals include:

+ The company is cash rich with Cash to Market Capitalisation at 15.6%.

Note

The stock has outperformed 66% of the Xetra market over the past 6 months.

Bearish Signals:

Tobin's Q Ratio is 0.3. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.

EBITDA growth has shown signs of deterioration in recent years.

Overbought/Bearish:

The 0.03% discount to 12-month high of EUR74.72 against the 26.6% premium to 12-month low of EUR59.01 suggests the climb might be peaking.

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

Overvaluation:

Price/Earnings/Growth of 1.24 [0.5]

Price/Sales of 0.5 [0.4]

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

ISIN: DE0007100000

PermID: 4295869694

Source: www.BuySellSignals.com