Spanish stock alert

SPAIN

CLOSING UPDATE: Grupo Ezentis increases further 0.7% - outperforming 93% of stocks 20 June 2018 21:00 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).

Grupo Ezentis, Spain's 9th largest telecommunication company by market capitalisation, has climbed 4.0c (or 5.5%) today to trade at 76.50c and has outperformed 93% 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 33.5 points (or 0.3%) in the day, this represented a relative price increase of 5.2%.

Technical indicators complementing today's significant uptrend:

+ In the last three months the stock has hit a new 52-week high thrice.

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

Undervaluation:

+ Price/Sales of 0.7 [1.3]

Other Bullish Signals include:

+ Tobin's Q Ratio is 0.9. Compared with the rest of the market the stock is undervalued.

Note

Grupo Ezentis today is at a discount of 13.6% to the 12-month high of 88.50c on 03 Apr, 2018. It is at a premium of 57.4% to the 12-month low of 48.60c on 15 Nov, 2017.

Bearish Signals:

As per the Du Pont analysis, Return on Equity is less than stellar at 5.2%.

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

Overvaluation:

Return on Equity 5.2% [38.1%]

TODAY'S ALERT

Afternoon Alert: Grupo Ezentis climbs 4.8% - outperforming 94% of stocks

20 June 2018 14:40 CEST

Grupo Ezentis SA (MA:EZE) has climbed 3.50c (or 4.8%) today to trade at 76.0c and has outperformed 94% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

Grupo Ezentis SA (MA:EZE; MCE:EZE; MC:EZE; SM:EZE)

ISIN: ES0172708234

PermID: 4295889511

Source: www.BuySellSignals.com