Spanish stock alert

SPAIN

CLOSING UPDATE: Almirall hits 52-week high tenth time in one month 17 August 2018 22:01 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).

Almirall, Spain's largest pharmaceuticals company by market capitalisation, hit a 52-week high of EUR15.97 today for the tenth time in the past one month and last traded at EUR15.78. This brought its three-day rise to 79.0c or 5.3%. Trading volume was 1.3 times average at the end of the day. Compared with the IBEX 35 Index which fell 10.1 points (or 0.1%) in the day, this represented a relative price increase of 0.4%.

Technical indicators complementing today's significant uptrend:

+ The positive 1.09 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 98 for 1 month.

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

+ The present value of EUR1,000 invested one year ago is EUR1,924 [vs EUR902 for the IBEX 35 Index].

Other Bullish Signals include:

+ The company is cash rich with Cash to Market Capitalisation at 10.2%.

+ Tobin's Q Ratio is 1.3. Compared with the rest of the market the stock is undervalued.

Note

Bearish Signals:

The price decreased 0.7% in the last week.

Overbought/Bearish:

The 1.2% discount to 12-month high of EUR15.97 against the 120.7% premium to 12-month low of EUR7.15 suggests the climb might be peaking.

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

Overvaluation:

Price/Sales of 4.3 [3.8]

TODAY'S ALERT

Afternoon Alert: Almirall hits 52-week high tenth time in one month

17 August 2018 14:40 CEST

Almirall, S.A. (MA:ALM) hit a 52-week high of EUR15.97 today for the tenth time in the past one month and last traded at EUR15.69. Trading volume was 48% of average so far today.

RECENT ALERTS

End of Day Alert: Almirall up 5.0% in 2 days

16 August 2018 22:00 CEST

Almirall, Spain's largest pharmaceuticals company by market capitalisation, extended its gains on Thursday, rising an additional 13.0c (or 0.8%) to trade at EUR15.74. Trading volume was 58% of average at the end of the day. The shares have risen 75.0c (or 5.0%) over the past two trading days vs. the IBEX 35 Index which has fallen 0.8% in the same period.

End of Day Alert: Almirall climbs 4.1% - outperforming 99% of stocks

15 August 2018 22:00 CEST

Almirall, Spain's largest pharmaceuticals company by market capitalisation, has climbed 62.0c (or 4.1%) today to trade at EUR15.61 and has outperformed 99% of the market in the past month. A price rise combined with a high relative strength is a bullish signal. Compared with the IBEX 35 Index which fell 120.2 points (or 1.3%) in the day, this represented a relative price increase of 5.4%.

Almirall, S.A. (MA:ALM; MCE:ALM; MC:ALM; SM:ALM)

ISIN: ES0157097017

PermID: 4295889280

Source: www.BuySellSignals.com