UK stock alert

UK

CLOSING UPDATE: Grafton Group increases losses by 0.4%, led Support services sector lower 21 September 2018 21:20 BST

NEWS BITES - EUROPE

This is an end of day Alert, produced after today's United Kingdom market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Grafton Group, the largest support services company by market capitalisation in the United Kingdom, has decreased 1.3% to trade at EUR758.0 vs. the Support services sector which weakened 93.1 points (or 0.6%) to 15,077.9. Representing a weighting of about 45.7% of the sector, the stock accounted for 97.5% of today's loss. The shares have underperformed 82% of the market in the past week. Trading volume was 1.4 times average at the end of the day. Compared with the FTSE 100 Index which rose 122.9 points (or 1.7%) in the day, this represented a relative price change of -3.0%.

Technical indicators complementing today's significant downtrend:

+ The negative 2.36 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

+ The price dropped 3.0% in the last week and 2.4% in the last month.

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

Overvaluation:

+ Return on Equity 10.9% [16.6%]

+ Return on Capital Employed 10.3% [11.8%]

Other Bearish Signals include:

+ As per the Du Pont analysis, Return on Equity of 10.9% is lower than sector average of 16.6%.

Note

Grafton Group today is at a discount of 10.3% to the 12-month high of EUR845.43 on 20 Mar, 2018. It is at a premium of 3.1% to the 12-month low of EUR735.44 on 03 May, 2018.

Bullish Signals:

Interest cover is less leveraged at 22.7 times.

Net profit margin has averaged 27.9% in the last 3 years. This is considered superior and suggests a high margin of safety.

TODAY'S ALERTS

Afternoon Alert: Grafton Group decreases 1.7%, leads Support services sector lower

21 September 2018 15:51 BST

Grafton Group PLC (L:GFTU) has decreased 1.7% to trade at EUR755.0 vs. the Support services sector which weakened 128.6 points (or 0.8%) to 15,042.5. Representing a weighting of about 45.6% of the sector, the stock accounted for 90.8% of today's loss. The shares have underperformed 84% of the market in the past week. Trading volume was 58% of average so far today.

Morning Alert: Grafton Group decreases 1.6%, leads Support services sector lower

21 September 2018 11:02 BST

Grafton Group PLC (L:GFTU) has decreased 1.6% to trade at EUR755.50 vs. the Support services sector which weakened 105.6 points (or 0.7%) to 15,065.4. Representing a weighting of about 45.5% of the sector, the stock accounted for the loss. The shares have underperformed 84% of the market in the past week. Trading volume was 84% of average so far today.

RECENT ALERTS

CLOSING UPDATE: Grafton Group increases losses by 0.3%, led Support services sector lower

20 September 2018 21:28 BST

Grafton Group, the largest support services company by market capitalisation in the United Kingdom, has decreased 0.6% to trade at EUR768.0 vs. the Support services sector which weakened 78.4 points (or 0.5%) to 15,171.0. Representing a weighting of about 46.0% of the sector, the stock accounted for 58.3% of today's loss. Trading volume was 93% of average at the end of the day. Compared with the FTSE 100 Index which rose 36.2 points (or 0.5%) in the day, this represented a relative price change of -1.1%.

Afternoon Alert: Grafton Group decreases 1.0%, leads Support services sector lower

20 September 2018 15:51 BST

Grafton Group PLC (L:GFTU) has decreased 1.0% to trade at EUR765.50 vs. the Support services sector which weakened 122.7 points (or 0.8%) to 15,126.8. Representing a weighting of about 46.0% of the sector, the stock accounted for 55.7% of today's loss. Trading volume was 60% of average so far today.

Grafton Group PLC (L:GFTU; LON:GFTU; LN:GFTU)

ISIN: IE00B00MZ448

Source: www.BuySellSignals.com