UK stock alert

UK

CLOSING UPDATE: BP keeps rising: up 4.4% in 4 days 20 April 2018 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).

BP, the 2nd largest oil & gas producers company by market capitalisation in the United Kingdom, extended its gains on Friday, rising an additional GBX1.70 (or 0.3%) to trade at GBX518.20. Trading volume was 86% of average at the end of the day.

Technical indicators complementing today's significant uptrend:

+ The positive 9.78 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

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

Undervaluation:

+ Dividend yield of 4.4% [3.9%]

Other Bullish Signals include:

+ Tobin's Q Ratio is 0.6. Compared with the rest of the market the stock is undervalued.

Note

The stock has outperformed 72% of the United Kingdom market over the past 6 months.

Bearish Signals:

As per the Du Pont analysis, Return on Equity is less than stellar at 0.2%.

Overbought/Bearish:

The 1.8% discount to 12-month high of GBX527.80 against the 22.3% premium to 12-month low of GBX423.85 suggests the climb might be peaking.

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

Overvaluation:

Price/Sales of 0.8 [0.4]

Price to Book of 2.2 [0.9]

Return on Equity 0.2% [2.0%]

TODAY'S ALERT

Morning Alert: BP decreases 0.3% on firm volume

20 April 2018 10:43 BST

BP PLC (L:BP.) traded on heavy volume of 1.1 times average so far today while the price decreased GBX1.40 (or 0.3%) to trade at GBX515.10.

RECENT ALERTS

CLOSING UPDATE: BP increases 1.4% - outperforming 89% of stocks

19 April 2018 19:06 BST

BP, the 2nd largest oil & gas producers company by market capitalisation in the United Kingdom, has increased GBX6.90 (or 1.4%) today to trade at GBX516.50 and has outperformed 89% of the market in the past month. A price rise combined with a high relative strength is a bullish signal. Compared with the FTSE 100 Index which rose 11.6 points (or 0.2%) in the day, this represented a relative price increase of 1.2%.

Afternoon Alert: BP in 3rd consecutive rise, nears four-month high

19 April 2018 15:43 BST

BP PLC (L:BP.) extended its gains Thursday, rising an additional GBX2.40 (or 0.5%) to trade at GBX512.0. The stock increased 0.07% on Tuesday and 2.6% on Wednesday bringing its 3-day rise to 3.2%. It is now approaching its 79-day high of GBX512.50.

BP PLC (L:BP.; LON:BP.; LN:BP.)

ISIN: GB0007980591

PermID: 4295894740

Source: www.BuySellSignals.com