Italian stock alert

ITALY

CLOSING UPDATE: Neurosoft hits 52-week low fifth time in one month 20 September 2018 19:16 CEST

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).

Neurosoft, Italy's 13th largest utility company by market capitalisation, hit a 52-week low of EUR1.84 today for the fifth time in the past one month and last traded at EUR1.84. Trading volume was 23% of average at the end of the day. Compared with the FTSE MIB Index which rose 107.6 points (or 0.5%) in the day, this represented a relative price change of -4.7%.

Technical indicators complementing today's significant downtrend:

+ The stock has underperformed 80% of the Italian market over the past 6 months.

Note

Bullish Signals:

Net profit margin has averaged 10% in the last 3 years. This is better than the sector average of 4.4% and suggests a high margin of safety.

TODAY'S ALERT

Afternoon Alert: Neurosoft hits 52-week low fifth time in one month

20 September 2018 14:08 CEST

Neurosoft (MI:NRST) hit a 52-week low of EUR1.84 today for the fifth time in the past one month and last traded at EUR1.84. Trading volume was 23% of average so far today.

Neurosoft (MI:NRST; BIT:NRST; IM:NRST)

ISIN: GRS802003004

PermID: 4298489848

Source: www.BuySellSignals.com