Spanish stock alert

SPAIN

Afternoon Alert: Bolsas Y Mercados Espanoles Sociedad Holding keeps sliding: down 5.4% in 4 days 25 July 2017 14:39 CEST

NEWS BITES - EUROPE

Bolsas y Mercados Espanoles (MA:BME) extended its slide on Tuesday, shedding an additional 89.0c (or 2.9%) to trade at EUR30.26. Trading volume was 2.6 times average so far today.

Current indications of bearish signals that support the trend in the unusual trading:

+ The negative 0.17 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

+ In the Spanish market, the stock's relative price strength percentile is falling at 42 for 6 months, 22 for 3 months and 19 for 1 month.

+ The price sank 4.9% in the last week and tumbled 6.0% in the last month.

Note

Bolsas Y Mercados Espanoles Sociedad Holding today is at a discount of 9.5% to the 12-month high of EUR33.44 on 16 May, 2017. It is at a premium of 22.5% to the 12-month low of EUR24.70 on 01 Aug, 2016.

Bullish Signals:

In the last three months the stock has hit a new 52-week high four times, pointing to an uptrend.

The company is cash rich with Cash to Market Capitalisation at 11.1%.

Tobin's Q Ratio is 0.1. Compared with the rest of the market the stock is undervalued.

Return on Assets is positive and has seen consecutive rises in recent years.

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

Undervaluation:

Return on Equity 37.8% [33.6%]

Bolsas y Mercados Espanoles (MA:BME; MCE:BME; MC:BME; SM:BME)

ISIN: ES0115056139

PermID: 4295889674

Source: www.BuySellSignals.com