Spanish stock alert
CLOSING UPDATE: Telefonica keeps sliding: down 2.6% in 3 days 18 October 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).
Telefonica, Spain's largest telecommunication company by market capitalisation, extended its slide on Wednesday, shedding an additional 0.90c (or 0.1%) to trade at EUR8.97. Trading volume was 75% of average at the end of the day.
Technical indicators complementing today's significant downtrend:
+ The stock has underperformed 73% of the Spanish market over the past 6 months.
+ The price dropped 2.2% in the last week and 2.1% in the last month.
Other Bearish Signals include:
+ Net profit margin has averaged 4.2% in the last 3 years. This suggests the company is less profitable with a low margin of safety.
Telefonica today is at a discount of 13.9% to the 12-month high of EUR10.42 on 19 Mar, 2017. It is at a premium of 20.2% to the 12-month low of EUR7.46 on 05 Dec, 2016.
Tobin's Q Ratio is 0.4. Compared with the rest of the market the stock is undervalued and ranks in the top quartile of stock by value of Q Ratio.
As per the Du Pont analysis, Return on Equity of 13.4% is better than sector average of 12.7%.
Fundamental measures by comparison with the sector average [in brackets] indicate:
Dividend yield of 6% [3.4%]
Morning Alert: Telefonica decreases 0.7%, leads market lower
18 October 2017 11:38 CEST
Telefonica, S.A. (MA:TEF) has decreased 0.7% to trade at EUR8.91 vs. the IBEX 35 Index which weakened 32.5 points (or 0.3%) to 10,184.3. Representing a weighting of about 7.0% of the index, the stock accounted for 15.0% of today's loss. The shares have underperformed 92% of the market in the past week. Trading volume was 1.5 times average so far today.
CLOSING UPDATE: Telefonica down 2.5% in 2 days
17 October 2017 19:21 CEST
Telefonica, Spain's largest telecommunication company by market capitalisation, extended its slide on Tuesday, shedding an additional 6.80c (or 0.8%) to trade at EUR8.97. Trading volume was 63% of average at the end of the day. The shares have fallen 22.90c (or 2.5%) over the past two trading days vs. the IBEX 35 Index which has fallen 0.4% in the same period.
Morning Alert: Telefonica decreases 0.9%, leads market lower
17 October 2017 11:38 CEST
Telefonica, S.A. (MA:TEF) has decreased 0.9% to trade at EUR8.96 vs. the IBEX 35 Index which weakened 31.5 points (or 0.3%) to 10,149.9. Representing a weighting of about 7.0% of the index, the stock accounted for 20.6% of today's loss.
Telefonica, S.A. (MA:TEF; MCE:TEF; MC:TEF; SM:TEF)