Italian stock alert

ITALY

CLOSING UPDATE: Gruppo MutuiOnline climbs further 5.2% on strong volume 18 June 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).

Gruppo MutuiOnline, Italy's 10th largest financial services company by market capitalisation, traded on heavy volume of 2.6 times average today while the price soared EUR1.56 (or 12.0%) to trade at EUR14.54. Compared with the FTSE MIB Index which fell 91.2 points (or 0.4%) in the day, this represented a relative price increase of 12.4%.

Technical indicators complementing today's significant uptrend:

+ The stock has outperformed 84% of the Italian market over the past 6 months.

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

+ The price jumped 7.9% in the last week and lifted 3.6% in the last month.

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

Undervaluation:

+ Price/Earnings/Growth of 0.33 [0.9]

+ Return on Equity 42.0% [15.8%]

+ Return on Assets 15.5% [3.2%]

+ Return on Capital Employed 28.8% [9.0%]

Other Bullish Signals include:

+ Interest cover is less leveraged at 34.1 times.

+ Total Liabilities/EBITDA of 3 is comfortably below the Joseph Piotroski benchmark of <5.

+ Net profit margin has averaged 16.9% in the last 3 years. This is considered superior and suggests a high margin of safety.

+ As per the Du Pont analysis, Return on Equity is high at 42.0%.

Note

Gruppo MutuiOnline today is at a discount of 16.9% to the 12-month high of EUR17.50 on 02 May, 2018. It is at a premium of 30.4% to the 12-month low of EUR11.15 on 27 Jun, 2017.

Bearish Signals:

The negative 0.42 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

Tobin's Q Ratio is 3.6. Compared with the rest of the market the stock is overvalued and ranks in the bottom 4% of stocks by value of Q Ratio.

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

Overvaluation:

Price/Earnings of 26.9 [15.1]

Price/Sales of 4.1 [3.5]

Dividend yield of 2.1% [2.4%]

TODAY'S ALERTS

Afternoon Alert: Gruppo MutuiOnline jumps 6.5% on firm volume

18 June 2018 14:06 CEST

Gruppo MutuiOnline (MI:MOL) traded on heavy volume of 1.3 times average so far today while the price jumped 84.0c (or 6.5%) to trade at EUR13.82.

Afternoon Alert: Gruppo MutuiOnline climbs 5.1% on robust volume

18 June 2018 12:07 CEST

Gruppo MutuiOnline (MI:MOL) traded on heavy volume of 1.6 times average so far today while the price climbed 66.0c (or 5.1%) to trade at EUR13.64.

RECENT ALERTS

CLOSING UPDATE: Gruppo MutuiOnline decreases further 0.6% - underperforming 84% of stocks

15 June 2018 19:15 CEST

Gruppo MutuiOnline, Italy's 10th largest financial services company by market capitalisation, has dropped 54.0c (or 4.0%) today to trade at EUR12.98 and has underperformed 84% of the market in the past month. Compared with the FTSE MIB Index which fell 176.8 points (or 0.8%) in the day, this represented a relative price change of -3.2%.

Afternoon Alert: Gruppo MutuiOnline drops 3.4% - underperforming 83% of stocks

15 June 2018 14:06 CEST

Gruppo MutuiOnline (MI:MOL) has dropped 46.0c (or 3.4%) today to trade at EUR13.06 and has underperformed 83% of the market in the past month.

Gruppo MutuiOnline (MI:MOL; BIT:MOL; IM:MOL)

ISIN: IT0004195308

PermID: 4295875843

Source: www.BuySellSignals.com