Spanish stock alert

SPAIN

CLOSING UPDATE: Solaria Energia y Medio Ambiente climbs further 4.7% on robust volume 18 June 2018 21:01 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).

Solaria Energia y Medio Ambiente, Spain's 6th largest energy company by market capitalisation, traded on heavy volume of 1.8 times average today while the price soared 59.0c (or 10.4%) to trade at EUR6.24. Compared with the IBEX 35 Index which fell 81.6 points (or 0.8%) in the day, this represented a relative price increase of 11.3%.

Technical indicators complementing today's significant uptrend:

+ The positive 0.59 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The stock has outperformed 98% 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 price jumped 8.5% in the last week and soared 59.2% in the last month.

+ The present value of EUR1,000 invested one year ago is EUR4,800 [vs EUR908 for the IBEX 35 Index].

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

Undervaluation:

+ Return on Equity 26.9% [23.1%]

+ Return on Capital Employed 6.8% [4.4%]

Other Bullish Signals include:

+ Net profit margin has averaged 33% in the last 3 years. This is considered superior and suggests a high margin of safety.

+ As per the Du Pont analysis, Return on Equity is high at 26.9%. Also, this has improved from 17.4% last year.

Note

Bearish Signals:

Tobin's Q Ratio is 2.4. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.

Overbought/Bearish:

The 0.8% discount to 12-month high of EUR6.29 against the 437.9% premium to 12-month low of EUR1.16 suggests the climb might be peaking.

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

Overvaluation:

Price/Earnings of 44.6 [7.8]

Price to Book of 12.3 [3.2]

TODAY'S ALERTS

Afternoon Alert: Solaria Energia y Medio Ambiente climbs 5.5%

18 June 2018 14:40 CEST

Solaria Energia y Medio Ambiente, S.A. (MA:SLR) traded on volume of 0.7 times average so far today while the price climbed 31.0c (or 5.5%) to trade at EUR5.96.

Morning Alert: Solaria Energia y Medio Ambiente jumps 7.6%

18 June 2018 11:38 CEST

Solaria Energia y Medio Ambiente, S.A. (MA:SLR) traded on volume of 0.8 times average so far today while the price jumped 43.0c (or 7.6%) to trade at EUR6.08.

RECENT ALERTS

CLOSING UPDATE: Solaria Energia y Medio Ambiente decreases gains by 1.3% - outperforming 97% of stocks

14 June 2018 21:00 CEST

Solaria Energia y Medio Ambiente, Spain's 6th largest energy company by market capitalisation, has lifted 20.0c (or 3.4%) today to trade at EUR6.12 and has outperformed 97% 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 58.6 points (or 0.6%) in the day, this represented a relative price increase of 2.8%.

Morning Alert: Solaria Energia y Medio Ambiente climbs 4.7% - outperforming 98% of stocks

14 June 2018 11:38 CEST

Solaria Energia y Medio Ambiente, S.A. (MA:SLR) has climbed 28.0c (or 4.7%) today to trade at EUR6.20 and has outperformed 98% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

Solaria Energia y Medio Ambiente, S.A. (MA:SLR; MCE:SLR; MC:SLR; SM:SLR)

ISIN: ES0165386014

PermID: 4295889561

Source: www.BuySellSignals.com