Spanish stock alert

SPAIN

CLOSING UPDATE: Clinica Baviera down 5.4% in 2 days 18 June 2018 21:01 CEST

NEWS BITES - EUROPE

This is an end of day Alert, produced after today's Spanish market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Clinica Baviera, Spain's largest health care company by market capitalisation, extended its slide on Monday, shedding an additional 65.0c (or 4.7%) to trade at EUR13.25. The shares have fallen 75.0c (or 5.4%) over the past two trading days vs. the IBEX 35 Index which has fallen 1.9% in the same period.

Technical indicators complementing today's significant downtrend:

+ The price tumbled 6.0% in the last week.

Other Bearish Signals include:

+ Tobin's Q Ratio is 4. Compared with the rest of the market the stock is overvalued and ranks in the bottom 8% of stocks by value of Q Ratio.

+ Net profit margin has averaged 8.1% in the last 3 years. This is lower than the sector average of 8.1% and suggests a low margin of safety.

Note

Clinica Baviera today is at a discount of 16.9% to the 12-month high of EUR15.95 on 23 May, 2018. It is at a premium of 70.7% to the 12-month low of EUR7.76 on 10 Oct, 2017.

Bullish Signals:

The positive 0.14 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

The stock has outperformed 96% of the Spanish market over the past 6 months.

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

Interest cover is less leveraged at 68.2 times.

Total Liabilities/EBITDA of 2.2 is comfortably below the Joseph Piotroski benchmark of <5.

As per the Du Pont analysis, Return on Equity is high at 40.2%.

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

Undervaluation:

Price/Earnings/Growth of 0.65 [0.9]

TODAY'S ALERTS

Afternoon Alert: Clinica Baviera sinks 5.4% on firm volume

18 June 2018 14:40 CEST

Clinica Baviera, S.A. (MA:CBAV) traded on heavy volume of 1.1 times average so far today while the price sank 75.0c (or 5.4%) to trade at EUR13.15.

Morning Alert: Clinica Baviera sinks 5.4% on high volume

18 June 2018 11:38 CEST

Clinica Baviera, S.A. (MA:CBAV) traded on heavy volume of 2.0 times average so far today while the price sank 75.0c (or 5.4%) to trade at EUR13.15.

Clinica Baviera, S.A. (MA:CBAV; MCE:CBAV; MC:CBAV; SM:CBAV)

ISIN: ES0119037010

PermID: 4295889364

Source: www.BuySellSignals.com