Spanish stock alert
Afternoon Alert: Fluidra keeps sliding: down 6.3% in 4 days 16 January 2018 13:41 CET
NEWS BITES - EUROPE
Fluidra, S.A. (MA:FDR) extended its slide on Tuesday, shedding an additional 6.0c (or 0.5%) to trade at EUR11.38. Trading volume was 83% of average so far today. The shares have fallen 76.0c (or 6.3%) over the past four trading days vs. the IBEX 35 Index which has risen 0.9% in the same period.
Current indications of bearish signals that support the trend in the unusual trading:
+ The price sank 6.0% in the last week and decreased 1.0% in the last month.
Fundamental measures by comparison with the sector average [in brackets] indicate:
+ Dividend yield of 1.2% [3.1%]
+ Price/Sales of 1.8 [0.7]
+ Price/Earnings of 46.6 [22.2]
+ Return on Equity 7.4% [12.1%]
Other Bearish Signals include:
+ Net profit margin has averaged 2.4% in the last 3 years. This suggests the company is less profitable with a low margin of safety.
Fluidra today is at a discount of 8.1% to the 12-month high of EUR12.38 on 08 Jan, 2018. It is at a premium of 173.8% to the 12-month low of EUR4.16 on 07 Feb, 2017.
The positive 0.11 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.
The stock has outperformed 97% of the Spanish market over the past 6 months.
In the last three months the stock has hit a new 52-week high twelve times, pointing to a significant uptrend.
The present value of EUR1,000 invested one year ago is EUR2,669 [vs EUR1,118 for the IBEX 35 Index].
Tobin's Q Ratio is 1.6. Compared with the rest of the market the stock is undervalued.
Fluidra, S.A. (MA:FDR; MCE:FDR; MC:FDR; SM:FDR)