Italian stock alert

ITALY

CLOSING UPDATE: Eurotech up 7.4% in 2 days 20 June 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).

Eurotech, Italy's 9th largest technology company by market capitalisation, extended its gains on Wednesday, rising an additional 14.0c (or 4.8%) to trade at EUR3.03. Trading volume was 6.6 times average at the end of the day. The shares have risen 21.0c (or 7.4%) over the past two trading days vs. the FTSE MIB Index which has risen 0.1% in the same period.

Technical indicators complementing today's significant uptrend:

+ The positive 0.27 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The 4.4% discount to 12-month high of EUR3.17 against the 152.5% premium to 12-month low of EUR1.20 suggests the stock continues to push for new highs.

+ The stock has outperformed 99% of the Italian market over the past 6 months.

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

+ The price soared 11.4% in the last week and 53.8% in the last month.

+ The present value of EUR1,000 invested one year ago is EUR2,134 [vs EUR1,063 for the FTSE MIB Index].

Other Bullish Signals include:

+ Tobin's Q Ratio is 0.8. Compared with the rest of the market the stock is undervalued.

Note

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

Overvaluation:

Price/Sales of 1.6 [1.2]

TODAY'S ALERTS

Afternoon Alert: Eurotech up 12.4% in 2 days

20 June 2018 14:06 CEST

Eurotech (MI:ETH) extended its gains on Wednesday, rising an additional 28.0c (or 9.7%) to trade at EUR3.17. Trading volume was 75% of average so far today. The shares have risen 35.0c (or 12.4%) over the past two trading days vs. the FTSE MIB Index which has risen 0.7% in the same period.

Afternoon Alert: Eurotech up 9.9% in 2 days

20 June 2018 12:09 CEST

Eurotech (MI:ETH) extended its gains on Wednesday, rising an additional 21.0c (or 7.3%) to trade at EUR3.10. Trading volume was 73% of average so far today. The shares have risen 28.0c (or 9.9%) over the past two trading days vs. the FTSE MIB Index which has risen 0.8% in the same period.

RECENT ALERTS

CLOSING UPDATE: Eurotech increases further 0.3% - outperforming 98% of stocks

19 June 2018 19:17 CEST

Eurotech, Italy's 9th largest technology company by market capitalisation, has lifted 7.0c (or 2.5%) today to trade at EUR2.89 and has outperformed 98% of the market in the past week. A price rise combined with a high relative strength is a bullish signal. Compared with the FTSE MIB Index which fell 14.9 points (or 0.07%) in the day, this represented a relative price increase of 3.0%.

Afternoon Alert: Eurotech lifts 2.1% - outperforming 97% of stocks

19 June 2018 14:07 CEST

Eurotech (MI:ETH) has lifted 6.0c (or 2.1%) today to trade at EUR2.88 and has outperformed 97% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

Eurotech (MI:ETH; BIT:ETH; IM:ETH)

ISIN: IT0003895668

PermID: 4295875497

Source: www.BuySellSignals.com