Spanish stock alert

SPAIN

Afternoon Alert: Hispania Activos Inmobiliarios hits 52-week high fifth time in one month 16 January 2018 13:41 CET

NEWS BITES - EUROPE

Hispania Activos Inmobiliarios S.A. (MA:HIS) hit a 52-week high of EUR16.70 today for the fifth time in the past one month and last traded at EUR16.60. This brought its two-day rise to 47.0c or 2.9%. Trading volume was 2.3 times average so far today.

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

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

+ In the last one month the stock has hit a new 52-week high five times, pointing to an uptrend.

+ The price increased 1.2% in the last week and jumped 8.5% in the last month.

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

Undervaluation:

+ Return on Equity 28.3% [11.2%]

+ Price/Earnings of 5.2 [5.9]

Other Bullish Signals include:

+ Interest cover is less leveraged at 18.5 times.

+ Total Liabilities/EBITDA of 2.1 is comfortably below the Joseph Piotroski benchmark of <5.

+ Tobin's Q Ratio is 0.8. Compared with the rest of the market the stock is undervalued.

Note

The stock has outperformed 71% of the Spanish market over the past 6 months.

Overbought/Bearish:

The 0.6% discount to 12-month high of EUR16.70 against the 50.8% premium to 12-month low of EUR11.01 suggests the climb might be peaking.

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

Overvaluation:

Dividend yield of 0.9% [2.9%]

Price to Book of 1.3 [0.7]

Price/Sales of 4.1 [2.4]

Hispania Activos Inmobiliarios S.A. (MA:HIS; MCE:HIS; MC:HIS; SM:HIS)

ISIN: ES0105019006

PermID: 5041083580

Source: www.BuySellSignals.com