Italian stock alert
CLOSING UPDATE: Bialetti Industrie keeps rising: up 14.5% in 5 days 21 September 2018 19:15 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).
Bialetti Industrie, Italy's 15th largest personal & household goods company by market capitalisation, extended its gains on Friday, rising an additional 3.10c (or 10.3%) to trade at 33.20c. Trading volume was 2.3 times average at the end of the day. The shares have risen 4.20c (or 14.5%) over the past five trading days vs. the FTSE MIB Index which has risen 3.1% in the same period.
Bialetti Industrie today is at a discount of 52.2% to the 12-month high of 69.50c on 28 Sep, 2017. It is at a premium of 18.1% to the 12-month low of 28.10c on 12 Sep, 2018.
The stock has underperformed 97% of the Italian market over the past 6 months.
In the last three months the stock has hit a new 52-week low twenty-one times, pointing to a significant downtrend.
The present value of EUR1,000 invested one year ago is EUR501 [vs EUR958 for the FTSE MIB Index].
Afternoon Alert: Bialetti Industrie keeps rising: up 14.7% in 5 days
21 September 2018 14:06 CEST
Bialetti Industrie (MI:BIA) extended its gains on Friday, rising an additional 3.15c (or 10.5%) to trade at 33.25c. Trading volume was 12.3 times average so far today. The shares have risen 4.25c (or 14.7%) over the past five trading days vs. the FTSE MIB Index which has risen 3.1% in the same period.
Afternoon Alert: Bialetti Industrie accelerates rise, now up 5.0% in 2 days
21 September 2018 12:07 CEST
Bialetti Industrie (MI:BIA) is up 1.50c (or 5.0%) over the past two trading days. After rising 1.2% on Thursday, the stock rose 3.8% on Friday to trade at 31.25c vs. the FTSE MIB Index that is up 1.2% in the same period.
Bialetti Industrie (MI:BIA; BIT:BIA; IM:BIA)