Italian stock alert

ITALY

Afternoon Alert: IGD SIIQ decreases 0.4%, leads Real estate sector lower 25 July 2017 14:06 CEST

NEWS BITES - EUROPE

IGD SIIQ SpA (MI:IGD) has decreased 0.4% to trade at 83.50c vs. the Real estate sector which weakened 4.6 points (or 0.1%) to 3,141.2. Representing a weighting of about 25.6% of the sector, the stock accounted for 61.2% of today's loss. Trading volume was 92% of average so far today.

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

+ The 1.1% discount to 12-month high of 84.40c against the 44.5% premium to 12-month low of 57.78c suggests the climb might be peaking.

Note

Bullish Signals:

In the Italian market, the stock's relative price strength percentile is improving at 60 for 6 months, 65 for 3 months and 72 for 1 month.

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

The price increased 0.4% in the last week and lifted 3.7% in the last month.

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

Undervaluation:

Dividend yield of 5.4% [4.2%]

IGD SIIQ SpA (MI:IGD; BIT:IGD; IM:IGD)

ISIN: IT0003745889

PermID: 4295875873

Source: www.BuySellSignals.com