Spanish stock alert
Afternoon Alert: Pescanova keeps sliding: down 9.1% in 5 days 25 July 2017 14:39 CEST
NEWS BITES - EUROPE
Pescanova, S.A. (MA:PVA) extended its slide on Tuesday, shedding an additional 3.0c (or 2.1%) to trade at EUR1.43. Trading volume was 83% of average so far today. The shares have fallen 14.30c (or 9.1%) over the past five trading days vs. the IBEX 35 Index which has risen 0.6% in the same period.
Current indications of bearish signals that support the trend in the unusual trading:
+ In the last three months the stock has hit a new 52-week low once.
+ The price plummeted 15.3% in the last month.
Pescanova today is at a discount of 57.6% to the 12-month high of EUR3.38 on 13 Jun, 2017. It is at a premium of 922.1% to the 12-month low of 14.0c on 08 Jun, 2017.
The positive 0.02 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.
In the last three months the stock has hit a new 52-week high twice.
Pescanova, S.A. (MA:PVA; MCE:PVA; MC:PVA; SM:PVA)