UK stock alert

UK

Afternoon Alert: Intu Properties hits 52-week low sixth time in one month 20 October 2017 13:51 BST

NEWS BITES - EUROPE

Intu Properties PLC (L:INTU) hit a 52-week low of GBX218.30 earlier today for the sixth time in the past one month, but later rebounded higher to GBX218.70. Trading volume was 1.7 times average so far today.

Current indications of bearish signals that support the trend in the unusual trading:

+ The negative 2.69 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

+ The stock has underperformed 85% of the United Kingdom market over the past 6 months.

+ In the last one month the stock has hit a new 52-week low five times and in the last three months eighteen times, pointing to a significant downtrend.

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

Overvaluation:

+ Return on Assets 1.7% [2.8%]

+ Return on Equity 3.2% [4.2%]

+ Return on Capital Employed 3.9% [4.6%]

Note

Bullish Signals:

Tobin's Q Ratio is 0.3. Compared with the rest of the market the stock is undervalued.

Revenue growth rate has shown signs of recovery in recent years.

Oversold/Bullish:

The 0.2% premium to 12-month low of GBX218.30 against the 22.7% discount to high of GBX282.86 suggests the decline might be bottoming.

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

Undervaluation:

Dividend yield of 8.5% [4.2%]

Price to Book of 0.6 [0.9]

Intu Properties PLC (L:INTU; LON:INTU; LN:INTU)

ISIN: GB0006834344

PermID: 4295894337

Source: www.BuySellSignals.com