Spanish stock alert
Afternoon Alert: Siemens Gamesa Renewable Energy decreases 0.7%, leads Capital goods sector lower 20 September 2018 14:41 CEST
NEWS BITES - EUROPE
Siemens Gamesa Renewable Energy SA (MA:SGRE) has decreased 0.7% to trade at EUR11.32 vs. the Capital goods sector which weakened 14.2 points (or 0.1%) to 11,238.4. Representing a weighting of about 44.6% of the sector, the stock accounted for the loss. The shares have underperformed 83% of the market in the past week. Trading volume was 62% of average so far today.
Current indications of bearish signals that support the trend in the unusual trading:
+ The negative 0.24 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.
+ The price decreased 1.2% in the last week and tumbled 7.6% in the last month.
Other Bearish Signals include:
+ Net profit margin has averaged 5.1% in the last 3 years. This is lower than the sector average of 6.4% and suggests a low margin of safety.
Siemens Gamesa Renewable Energy today is at a discount of 22.1% to the 12-month high of EUR14.53 on 02 May, 2018. It is at a premium of 25.1% to the 12-month low of EUR9.05 on 24 Nov, 2017.
Interest cover is less leveraged at 9.7 times.
Tobin's Q Ratio is 1.3. Compared with the rest of the market the stock is undervalued.
Fundamental measures by comparison with the sector average [in brackets] indicate:
Return on Assets 5.3% [2.9%]
Return on Equity 17.6% [10.3%]
Siemens Gamesa Renewable Energy SA (MA:SGRE; MCE:SGRE; MC:SGRE; SM:SGRE)