UK stock alert

UK

CLOSING UPDATE: Grafton Group increased further 0.4%, led Support services sector higher 26 July 2017 19:05 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 lifted 2.0% to trade at EUR751.50 vs. the Support services sector which strengthened 303.2 points (or 1.1%) to 28,949.5. Representing a weighting of about 45.9% of the sector, the stock accounted for 88.3% of today's gain. The shares have outperformed 81% of the market in the past week. Trading volume was 35% of average at the end of the day. Compared with the FTSE 100 Index which rose 17.5 points (or 0.2%) in the day, this represented a relative price increase of 1.8%.

Technical indicators complementing today's significant uptrend:

+ The positive 2.03 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The 5.8% discount to 12-month high of EUR797.50 against the 62.5% premium to 12-month low of EUR462.33 suggests the stock continues to push for new highs.

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

+ The price lifted 2.5% in the last week and 2.6% in the last month.

Other Bullish Signals include:

+ Interest cover is less leveraged at 16.9 times.

+ Net profit margin has averaged 48.6% in the last 3 years. This is considered superior and suggests a high margin of safety.

Note

Bearish Signals:

As per the Du Pont analysis, Return on Equity of 8.7% is lower than sector average of 14.3%.

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

Overvaluation:

Return on Equity 8.7% [14.3%]

Return on Capital Employed 8.3% [11.0%]

TODAY'S ALERTS

Afternoon Alert: Grafton Group increases 1.6%, leads Support services sector higher

26 July 2017 15:51 BST

Grafton Group PLC (L:GFTU) has increased 1.6% to trade at EUR748.50 vs. the Support services sector which strengthened 269.4 points (or 0.9%) to 28,915.7. Representing a weighting of about 45.8% of the sector, the stock accounted for 79.4% of today's gain. The shares have outperformed 84% of the market in the past six months. Trading volume was 72% of average so far today.

Morning Alert: Grafton Group increases 1.0%, leads Support services sector higher

26 July 2017 11:23 BST

Grafton Group PLC (L:GFTU) has increased 1.0% to trade at EUR743.50 vs. the Support services sector which strengthened 226.7 points (or 0.8%) to 28,873.0. Representing a weighting of about 45.8% of the sector, the stock accounted for 55.1% of today's gain. The shares have outperformed 82% of the market in the past six months. Trading volume was 68% of average so far today.

RECENT ALERTS

CLOSING UPDATE: Grafton Group increased further 0.1% - outperforming 80% of stocks

25 July 2017 19:08 BST

Grafton Group, the largest support services company by market capitalisation in the United Kingdom, has increased EUR6.0 (or 0.8%) today to trade at EUR736.50 and has outperformed 80% of the market in the past six months. A price rise combined with a high relative strength is a bullish signal. Compared with the FTSE 100 Index which rose 57.1 points (or 0.8%) in the day, this represented a relative price increase of 0.1%.

Afternoon Alert: Grafton Group increases 0.8% - outperforming 80% of stocks

25 July 2017 15:57 BST

Grafton Group PLC (L:GFTU) has increased EUR5.50 (or 0.8%) today to trade at EUR736.0 and has outperformed 80% of the market in the past six months. A price rise combined with a high relative strength is a bullish signal.

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

ISIN: IE00B00MZ448

Source: www.BuySellSignals.com