Spanish stock alert

SPAIN

CLOSING UPDATE: Almirall increases 1.9% - outperforming 97% of stocks 18 May 2018 21:00 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).

Almirall, Spain's largest pharmaceuticals company by market capitalisation, has increased 21.0c (or 1.9%) today to trade at EUR11.51 and has outperformed 97% of the market in the past week. A price rise combined with a high relative strength is a bullish signal. Compared with the IBEX 35 Index which fell 104.0 points (or 1%) in the day, this represented a relative price increase of 2.9%.

Technical indicators complementing today's significant uptrend:

+ The positive 0.44 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

Other Bullish Signals include:

+ The company is cash rich with Cash to Market Capitalisation at 14.1%.

+ Tobin's Q Ratio is 0.9. Compared with the rest of the market the stock is undervalued.

Note

Almirall today is at a discount of 26.8% to the 12-month high of EUR15.72 on 05 Jun, 2017. It is at a premium of 58.1% to the 12-month low of EUR7.28 on 15 Nov, 2017.

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

Overvaluation:

Price/Sales of 3.1 [1.4]

TODAY'S ALERTS

Afternoon Alert: Almirall continues significant uptrend, increases 1.5%

18 May 2018 14:41 CEST

Almirall, S.A. (MA:ALM) continued its significant uptrend and increased 17.0c (or 1.5%) to trade at EUR11.47 today.

Morning Alert: Almirall in 2nd consecutive rise, nears a 15-month high

18 May 2018 11:38 CEST

Almirall, S.A. (MA:ALM) extended its gains Friday, rising an additional 13.0c (or 1.2%) to trade at EUR11.43. The stock lifted 2.82% on Thursday bringing its 2-day rise to 4.0%. It is now approaching its 311-day high of EUR11.45.

RECENT ALERTS

CLOSING UPDATE: Almirall accelerates rise, now up 9.2% in 2 days

15 May 2018 21:00 CEST

Almirall, Spain's largest pharmaceuticals company by market capitalisation, is up 94.0c (or 9.2%) over the past two trading days. After rising 3.5% on Monday, the stock rose 5.5% on Tuesday to trade at EUR11.18 vs. the IBEX 35 Index that is down 0.6% in the same period.

Afternoon Alert: Almirall keeps rising: up 9.8% in 4 days

15 May 2018 14:41 CEST

Almirall, S.A. (MA:ALM) extended its gains on Tuesday, rising an additional 46.0c (or 4.3%) to trade at EUR11.06. Trading volume was 2.7 times average so far today. The shares have risen 99.0c (or 9.8%) over the past four trading days vs. the IBEX 35 Index which has risen 0.1% in the same period.

Almirall, S.A. (MA:ALM; MCE:ALM; MC:ALM; SM:ALM)

ISIN: ES0157097017

PermID: 4295889280

Source: www.BuySellSignals.com