Spanish stock alert

SPAIN

CLOSING UPDATE: Abengoa Clase B hits 52-week low Twenty-fourth time in one month 20 September 2018 22:00 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).

Abengoa Clase B, Spain's largest environment/waste management company by market capitalisation, hit a 52-week low of 1.0c today for the 24th time in the past one month and last traded at 1.0c. Compared with the IBEX 35 Index which rose 97.4 points (or 1%) in the day, this represented a relative price change of -1.0%.

Technical indicators complementing today's significant downtrend:

+ The stock has underperformed 72% of the Spanish market over the past 6 months.

+ In the last three months the stock has hit a new 52-week low sixty-seven times, pointing to a significant downtrend.

Other Bearish Signals include:

+ Net profit margin has averaged 2.1% in the last 3 years. This suggests the company is less profitable with a low margin of safety.

TODAY'S ALERTS

Afternoon Alert: Abengoa Clase B hits 52-week low Twenty-fourth time in one month

20 September 2018 14:41 CEST

Abengoa, S.A. (MA:ABG.P) hit a 52-week low of 1.0c today for the 24th time in the past one month and last traded at 1.0c. Trading volume was 11.4 times average so far today.

Morning Alert: Abengoa Clase B hits 52-week low Twenty-fourth time in one month

20 September 2018 11:38 CEST

Abengoa, S.A. (MA:ABG.P) hit a 52-week low of 1.0c today for the 24th time in the past one month and last traded at 1.0c. Trading volume was 7.0 times average so far today.

RECENT ALERTS

Afternoon Alert: Abengoa Clase B hits 52-week low Twenty-second time in one month

18 September 2018 14:41 CEST

Abengoa, S.A. (MA:ABG.P) hit a 52-week low of 1.0c today for the 22nd time in the past one month and last traded at 1.0c. Trading volume was 22% of average so far today.

Morning Alert: Abengoa Clase B hits 52-week low Twenty-second time in one month

18 September 2018 11:39 CEST

Abengoa, S.A. (MA:ABG.P) hit a 52-week low of 1.0c today for the 22nd time in the past one month and last traded at 1.0c.

Abengoa, S.A. (MA:ABG.P; MCE:ABG.P; MC:ABG.P; SM:ABG.P)

ISIN: ES0105200002

PermID: 4295889415

Source: www.BuySellSignals.com