Spanish stock alert

SPAIN

CLOSING UPDATE: Sacyr decreased further 0.7% - underperforming 91% of stocks 21 July 2017 19:21 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).

Sacyr, Spain's 5th largest construction services company by market capitalisation, has dropped 5.50c (or 2.4%) today to trade at EUR2.25 and has underperformed 91% of the market in the past month. Compared with the IBEX 35 Index which fell 94.8 points (or 0.9%) in the day, this represented a relative price change of -1.5%.

Technical indicators complementing today's significant downtrend:

+ The negative 0.05 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

+ The price decreased 1.4% in the last week and tumbled 8.9% in the last month.

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

Overvaluation:

+ Return on Equity 6.7% [12.0%]

+ Return on Assets 1.3% [1.7%]

+ Return on Capital Employed 2.5% [6.2%]

Other Bearish Signals include:

+ As per the Du Pont analysis, Return on Equity is less than stellar at 6.7%.

Note

Sacyr today is at a discount of 17.2% to the 12-month high of EUR2.71 on 29 May, 2017. It is at a premium of 59.5% to the 12-month low of EUR1.41 on 03 Aug, 2016.

Bullish Signals:

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

The present value of EUR1,000 invested one year ago is EUR1,442 [vs EUR1,215 for the IBEX 35 Index].

Tobin's Q Ratio is 0.1. Compared with the rest of the market the stock is undervalued and ranks in the top 3% of stock by value of Q Ratio.

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

Undervaluation:

Price/Earnings of 11.8 [19.5]

Price/Sales of 0.4 [0.7]

TODAY'S ALERT

Morning Alert: Sacyr decreases 1.7% - underperforming 93% of stocks

21 July 2017 11:39 CEST

Sacyr SA (MA:SCYR) has decreased 3.90c (or 1.7%) today to trade at EUR2.26 and has underperformed 93% of the market in the past month.

RECENT ALERTS

Afternoon Alert: Sacyr inches higher, resistance at 12-day EMA

17 July 2017 14:40 CEST

Sacyr SA (MA:SCYR) has increased 0.2% but fell short of the 12-day Exponential Moving Average [EMA] of EUR2.30.

Morning Alert: Sacyr inches higher, resistance at 12-day EMA

17 July 2017 11:38 CEST

Sacyr SA (MA:SCYR) has increased 0.9% but fell short of the 12-day Exponential Moving Average [EMA] of EUR2.30.

Sacyr SA (MA:SCYR; MCE:SCYR; MC:SCYR; SM:SCYR)

ISIN: ES0182870214

PermID: 4295889535

Source: www.BuySellSignals.com