Italian stock alert

ITALY

CLOSING UPDATE: Gefran in 5th consecutive fall, nears one-month low 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).

Gefran, Italy's 27th largest industrial goods & services company by market capitalisation, slipped further on Friday, sliding an additional 40.0c (or 3.7%) to trade at EUR10.30. The stock decreased 1.92% on Wednesday and 0.47% on Thursday bringing its 5-day fall to 8.5%. It is now approaching its 25-day low of EUR10.25. Compared with the FTSE MIB Index which rose 213.6 points (or 1%) in the day, this represented a relative price change of -4.7%.

TODAY'S ALERTS

Afternoon Alert: Gefran keeps sliding: down 8.4% in 5 days

20 October 2017 14:09 CEST

Gefran (MI:GE) extended its slide on Friday, shedding an additional 39.0c (or 3.6%) to trade at EUR10.31. Trading volume was 72% of average so far today. The shares have fallen 95.0c (or 8.4%) over the past five trading days vs. the FTSE MIB Index which has fallen 0.5% in the same period.

Afternoon Alert: Gefran keeps sliding: down 7.8% in 5 days

20 October 2017 12:09 CEST

Gefran (MI:GE) extended its slide on Friday, shedding an additional 32.0c (or 3.0%) to trade at EUR10.38. Trading volume was 67% of average so far today. The shares have fallen 88.0c (or 7.8%) over the past five trading days vs. the FTSE MIB Index which has fallen 0.8% in the same period.

RECENT ALERT

Afternoon Alert: Gefran accelerates slide, now down 3.8% in 2 days

19 October 2017 12:09 CEST

Gefran (MI:GE) is down 42.0c (or 3.8%) over the past two trading days. After falling 1.9% on Wednesday, the stock fell 2% on Thursday to trade at EUR10.54 vs. the FTSE MIB Index that is down 0.8% in the same period.

Gefran (MI:GE; BIT:GE; IM:GE)

ISIN: IT0003203947

PermID: 4295875652

Source: www.BuySellSignals.com