Spanish stock alert

SPAIN

CLOSING UPDATE: Obrascon Huarte Lain lifts further 3.4% - outperforming 99% of stocks 20 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).

Obrascon Huarte Lain, Spain's 5th largest construction services company by market capitalisation, has jumped 30.20c (or 6.5%) today to trade at EUR4.96 and has outperformed 99% of the market in the past week. A price rise combined with a high relative strength is a bullish signal. Compared with the IBEX 35 Index which rose 25.2 points (or 0.2%) in the day, this represented a relative price increase of 6.2%.

Technical indicators complementing today's significant uptrend:

+ The positive 0.3 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The 3.0% discount to 12-month high of EUR5.11 against the 115.5% premium to 12-month low of EUR2.30 suggests the stock continues to push for new highs.

+ In the last three months the stock has hit a new 52-week high once.

+ The price soared 67.4% in the last week and 49.5% in the last month.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

+ Price/Sales of 0.3 [0.7]

Other Bullish Signals include:

+ The company is cash rich with Cash to Market Capitalisation at 44.8%.

+ Tobin's Q Ratio is 0.1. Compared with the rest of the market the stock is undervalued and ranks in the top 5% of stock by value of Q Ratio.

Note

Bearish Signals:

Net profit margin has averaged 1.3% in the last 3 years. This suggests the company is less profitable with a low margin of safety.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

Return on Capital Employed 4% [7.5%]

TODAY'S ALERTS

Afternoon Alert: Obrascon Huarte Lain lifts 3.0% - outperforming 99% of stocks

20 October 2017 14:42 CEST

Obrascon Huarte Lain, S.A. (MA:OHL) has lifted 13.80c (or 3.0%) today to trade at EUR4.79 and has outperformed 99% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

Morning Alert: Obrascon Huarte Lain increases 1.9% - outperforming 99% of stocks

20 October 2017 11:38 CEST

Obrascon Huarte Lain, S.A. (MA:OHL) has increased 8.90c (or 1.9%) today to trade at EUR4.74 and has outperformed 99% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

RECENT ALERTS

CLOSING UPDATE: Obrascon Huarte Lain recovers 1.0% on high volume

19 October 2017 19:21 CEST

Obrascon Huarte Lain, Spain's 5th largest construction services company by market capitalisation, traded on heavy volume of 2.0 times average today while the price sank 20.10c (or 4.1%) to trade at EUR4.65. Compared with the IBEX 35 Index which fell 75.9 points (or 0.7%) in the day, this represented a relative price change of -3.4%.

Afternoon Alert: Obrascon Huarte Lain sinks 5.1%

19 October 2017 14:41 CEST

Obrascon Huarte Lain, S.A. (MA:OHL) traded on volume of 0.5 times average so far today while the price sank 24.60c (or 5.1%) to trade at EUR4.61.

Obrascon Huarte Lain, S.A. (MA:OHL; MCE:OHL; MC:OHL; SM:OHL)

ISIN: ES0142090317

PermID: 4295889562

Source: www.BuySellSignals.com