Spanish stock alert
Afternoon Alert: eDreams ODIGEO increases 1.2% - outperforming 99% of stocks 16 January 2018 13:41 CET
NEWS BITES - EUROPE
eDreams ODIGEO (MA:EDR) has increased 6.0c (or 1.2%) today to trade at EUR4.96 and has outperformed 99% of the market in the past three months. A price rise combined with a high relative strength is a bullish signal.
Current indications of bullish signals that support the trend in the unusual trading:
+ The positive 0.19 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.
+ The 3.7% discount to 12-month high of EUR5.15 against the 108.4% premium to 12-month low of EUR2.38 suggests the stock continues to push for new highs.
+ In the last three months the stock has hit a new 52-week high sixteen times, pointing to a significant uptrend.
Other Bullish Signals include:
+ Tobin's Q Ratio is 0.4. Compared with the rest of the market the stock is undervalued.
+ EBIT margin and EBITDA margin have shown signs of recovery in recent years.
As per the Du Pont analysis, Return on Equity is less than stellar at 2.7%.
eDreams ODIGEO (MA:EDR; MCE:EDR; MC:EDR; SM:EDR)