Spanish stock alert

SPAIN

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.

Note

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.

Bullish Signals:

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:

Undervaluation:

Dividend yield of 6% [3.4%]

TODAY'S ALERT

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.

RECENT ALERTS

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)

ISIN: ES0178430E18

PermID: 5000062703

Source: www.BuySellSignals.com