Spanish stock alert


CLOSING UPDATE: Duro Felguera increases 0.4% on strong volume 17 August 2018 22:01 CEST


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).

Duro Felguera, Spain's 4th largest engineering & construction company by market capitalisation, traded on heavy volume of 2.9 times average today while the price increased 0.01c (or 0.4%) to trade at 2.63c. Compared with the IBEX 35 Index which fell 10.1 points (or 0.1%) in the day, this represented a relative price increase of 0.5%.

Technical indicators complementing today's significant uptrend:

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


Duro Felguera today is at a discount of 93.7% to the 12-month high of 42.0c on 10 Jul, 2018. It is at a premium of 7.8% to the 12-month low of 2.44c on 19 Mar, 2018.

Bearish Signals:

The negative 0.03 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

The stock has underperformed 97% of the Spanish market over the past 6 months.

The price decreased 1.9% in the last week and plummeted 85.4% in the last month.

The present value of EUR1,000 invested one year ago is EUR282 [vs EUR902 for the IBEX 35 Index].


Afternoon Alert: Duro Felguera up 5.9% in 2 days

17 August 2018 14:40 CEST

Duro Felguera, S.A. (MA:MDF) extended its gains on Friday, rising an additional 0.09c (or 3.4%) to trade at 2.71c. Trading volume was 1.3 times average so far today. The shares have risen 0.15c (or 5.9%) over the past two trading days vs. the IBEX 35 Index which has fallen 0.1% in the same period.

Duro Felguera, S.A. (MA:MDF; MCE:MDF; MC:MDF; SM:MDF)

ISIN: ES0162600417

PermID: 4295889533