Spanish stock alert

SPAIN

CLOSING UPDATE: Grupo Empresarial San Jose lifts 3.4%, led Construction services sector higher 21 September 2018 22:00 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 Empresarial San Jose, Spain's 4th largest construction services company by market capitalisation, has lifted 3.4% to trade at EUR5.49 vs. the Construction services sector which strengthened 138.9 points (or 1.2%) to 11,783.0. Representing a weighting of about 1.8% of the sector, the stock accounted for 5.2% of today's gain. The shares have outperformed 98% of the market in the past week. Trading volume was 2.9 times average at the end of the day. Compared with the IBEX 35 Index which rose 6.7 points (or 0.07%) in the day, this represented a relative price increase of 3.3%.

Technical indicators complementing today's significant uptrend:

+ The positive 0.38 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ In the Spanish market, the stock's relative price strength percentile is rising at 97 for 6 months, 97 for 3 months and 99 for 1 month.

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

+ The price soared 13.8% in the last week and 36.4% in the last month.

+ The present value of EUR1,000 invested one year ago is EUR1,689 [vs EUR931 for the IBEX 35 Index].

Other Bullish Signals include:

+ The company is cash rich with Cash to Market Capitalisation at 66.8%.

+ Tobin's Q Ratio is 0.3. 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

Grupo Empresarial San Jose today is at a discount of 9.8% to the 12-month high of EUR6.09 on 20 Sep, 2018. It is at a premium of 112.8% to the 12-month low of EUR2.58 on 05 Oct, 2017.

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

Overvaluation:

Return on Assets 0.8% [1.3%]

Return on Capital Employed 3.8% [7.9%]

TODAY'S ALERTS

Afternoon Alert: Grupo Empresarial San Jose lifts 3.0% - outperforming 99% of stocks

21 September 2018 14:41 CEST

Grupo Empresarial San Jose (MA:GSJ) has lifted 16.0c (or 3.0%) today to trade at EUR5.47 and has outperformed 99% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

Morning Alert: Grupo Empresarial San Jose lifts 3.6% - outperforming 99% of stocks

21 September 2018 11:38 CEST

Grupo Empresarial San Jose (MA:GSJ) has lifted 19.0c (or 3.6%) today to trade at EUR5.50 and has outperformed 99% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

RECENT ALERTS

CLOSING UPDATE: Grupo Empresarial San Jose hits 52-week high ninth time in one month

20 September 2018 22:00 CEST

Grupo Empresarial San Jose, Spain's 5th largest construction services company by market capitalisation, hit a 52-week high of EUR6.09 today for the ninth time in the past one month and last traded at EUR5.31. Trading volume was 11.4 times average at the end of the day. Compared with the IBEX 35 Index which rose 97.4 points (or 1%) in the day, this represented a relative price change of -8.7%.

Afternoon Alert: Grupo Empresarial San Jose hits 52-week high ninth time in one month

20 September 2018 14:41 CEST

Grupo Empresarial San Jose (MA:GSJ) hit a 52-week high of EUR6.09 today for the ninth time in the past one month and last traded at EUR5.62. Trading volume was 2.2 times average so far today.

Grupo Empresarial San Jose (MA:GSJ; MCE:GSJ; MC:GSJ; SM:GSJ)

ISIN: ES0180918015

PermID: 4298432502

Source: www.BuySellSignals.com