Italian stock alert

ITALY

CLOSING UPDATE: Geox in 3rd consecutive fall, nears a 12-month low 19 January 2018 18:15 CET

NEWS BITES - EUROPE

This is an end of day Alert, produced after today's Italian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Geox, Italy's 5th largest personal & household goods company by market capitalisation, slipped further on Friday, sliding an additional 17.0c (or 6.0%) to trade at EUR2.68. The stock decreased 0.69% on Wednesday and 0.35% on Thursday bringing its 3-day fall to 6.9%. It is now approaching its 254-day low of EUR2.56. Compared with the FTSE MIB Index which rose 118.4 points (or 0.5%) in the day, this represented a relative price change of -6.5%.

TODAY'S ALERTS

Afternoon Alert: Geox keeps sliding: down 7.3% in 3 days

19 January 2018 13:08 CET

Geox (MI:GEO) extended its slide on Friday, shedding an additional 18.0c (or 6.3%) to trade at EUR2.67. Trading volume was 4.6 times average so far today. The shares have fallen 21.0c (or 7.3%) over the past three trading days vs. the FTSE MIB Index which has risen 1.6% in the same period.

Morning Alert: Geox keeps sliding: down 6.2% in 3 days

19 January 2018 11:08 CET

Geox (MI:GEO) extended its slide on Friday, shedding an additional 15.0c (or 5.3%) to trade at EUR2.70. Trading volume was 4.7 times average so far today. The shares have fallen 18.0c (or 6.2%) over the past three trading days vs. the FTSE MIB Index which has risen 1.2% in the same period.

RECENT ALERTS

CLOSING UPDATE: Geox inches higher, resistance at 12-day EMA

16 January 2018 18:15 CET

Geox, Italy's 5th largest personal & household goods company by market capitalisation, has increased 0.3% but fell short of the 12-day Exponential Moving Average [EMA] of EUR2.91. Compared with the FTSE MIB Index which fell 48.3 points (or 0.2%) in the day, this represented a relative price increase of 0.6%.

Afternoon Alert: Geox inches higher, resistance at 12-day EMA

16 January 2018 13:07 CET

Geox (MI:GEO) has increased 1.0% but fell short of the 12-day Exponential Moving Average [EMA] of EUR2.92.

Geox (MI:GEO; BIT:GEO; IM:GEO)

ISIN: IT0003697080

PermID: 4295875840

Source: www.BuySellSignals.com