Spanish stock alert

SPAIN

CLOSING UPDATE: General de Alquiler lifts further 2.1%, led Construction sector higher 17 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).

General de Alquiler, Spain's 5th largest construction company by market capitalisation, has jumped 7.4% to trade at EUR1.45 vs. the Construction sector which strengthened 9.8 points (or 0.5%) to 2,050.5. Representing a weighting of about 4.4% of the sector, the stock accounted for 67.3% of today's gain. The shares have outperformed 98% of the market in the past week. Trading volume was 32% of average at the end of the day. Compared with the IBEX 35 Index which rose 54.7 points (or 0.5%) in the day, this represented a relative price increase of 6.9%.

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

Undervaluation:

+ Price/Sales of 0.5 [0.8]

Bullish Signals:

+ Tobin's Q Ratio is 0.2. Compared with the rest of the market the stock is undervalued and ranks in the top quartile of stock by value of Q Ratio.

Note

General de Alquiler today is at a discount of 59.7% to the 12-month high of EUR3.60 on 24 Jan, 2017. It is at a premium of 33.0% to the 12-month low of EUR1.09 on 04 Oct, 2017.

Bearish Signals:

The negative 0.06 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

In the last three months the stock has hit a new 52-week low nine times, pointing to a significant downtrend.

The price sank 4.6% in the last month.

The present value of EUR1,000 invested one year ago is EUR630 [vs EUR1,169 for the IBEX 35 Index].

TODAY'S ALERT

Morning Alert: General de Alquiler climbs 5.2%, leads Construction sector higher

17 October 2017 11:38 CEST

General de Alquiler de Maquinaria SA (MA:GALQ) has climbed 5.2% to trade at EUR1.42 vs. the Construction sector which strengthened 4.7 points (or 0.2%) to 2,045.3. Representing a weighting of about 4.3% of the sector, the stock accounted for 96.5% of today's gain. The shares have outperformed 98% of the market in the past week. Trading volume was 2.2 times average so far today.

RECENT ALERT

Afternoon Alert: General de Alquiler keeps rising: up 11.9% in 4 days

16 October 2017 14:39 CEST

General de Alquiler de Maquinaria SA (MA:GALQ) extended its gains on Monday, rising an additional 2.0c (or 1.4%) to trade at EUR1.41. Trading volume was 46% of average so far today. The shares have risen 15.0c (or 11.9%) over the past four trading days vs. the IBEX 35 Index which has risen 0.7% in the same period.

General de Alquiler de Maquinaria SA (MA:GALQ; MCE:GALQ; MC:GALQ; SM:GALQ)

ISIN: ES0141571192

PermID: 4295889528

Source: www.BuySellSignals.com