Italian stock alert

ITALY

CLOSING UPDATE: Notorious Pictures increases further 0.7% on extraordinary volume 20 October 2017 19:18 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).

Notorious Pictures, Italy's 13th largest media company by market capitalisation, traded on heavy volume of 4.6 times average today while the price soared 15.0c (or 11.0%) to trade at EUR1.51. Compared with the FTSE MIB Index which rose 213.6 points (or 1%) in the day, this represented a relative price increase of 10.1%.

Technical indicators complementing today's significant uptrend:

+ The positive 0.07 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The 5.6% discount to 12-month high of EUR1.60 against the 152.3% premium to 12-month low of 59.86c suggests the stock continues to push for new highs.

+ In the Italian market, the stock's relative price strength percentile is rising at 90 for 6 months, 90 for 3 months and 99 for 1 month.

+ In the last three months the stock has hit a new 52-week high once.

+ The price soared 22.8% in the last week and 39.8% in the last month.

+ The present value of EUR1,000 invested one year ago is EUR2,424 [vs EUR1,304 for the FTSE MIB Index].

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

Undervaluation:

+ Dividend yield of 3.5% [0.4%]

TODAY'S ALERTS

Afternoon Alert: Notorious Pictures soars 10.3% on robust volume

20 October 2017 14:09 CEST

Notorious Pictures (MI:NPI) traded on heavy volume of 1.7 times average so far today while the price soared 14.0c (or 10.3%) to trade at EUR1.50.

Afternoon Alert: Notorious Pictures jumps 7.4% on firm volume

20 October 2017 12:09 CEST

Notorious Pictures (MI:NPI) traded on heavy volume of 1.2 times average so far today while the price jumped 10.0c (or 7.4%) to trade at EUR1.46.

RECENT ALERTS

CLOSING UPDATE: Notorious Pictures hits 52-week high fourth time in five months

19 October 2017 19:18 CEST

Notorious Pictures, Italy's 13th largest media company by market capitalisation, hit a 52-week high of EUR1.60 today for the fourth time in the past five months and last traded at EUR1.36. Trading volume was 6.1 times average at the end of the day. Compared with the FTSE MIB Index which fell 221.5 points (or 1%) in the day, this represented a relative price change of -5.9%.

Afternoon Alert: Notorious Pictures hits 52-week high fourth time in five months

19 October 2017 14:09 CEST

Notorious Pictures (MI:NPI) hit a 52-week high of EUR1.60 today for the fourth time in the past five months and last traded at EUR1.38. Trading volume was 3.1 times average so far today.

Notorious Pictures (MI:NPI; BIT:NPI; IM:NPI)

ISIN: IT0005025355

PermID: 5042965563

Source: www.BuySellSignals.com