UK stock alert

UK

Afternoon Alert: Barclays up 2.2% in 2 days 16 January 2018 14:43 GMT

NEWS BITES - EUROPE

Barclays PLC (L:BARC) extended its gains on Tuesday, rising an additional GBX3.16 (or 1.6%) to trade at GBX198.70. Trading volume was 82% of average so far today. The shares have risen GBX4.20 (or 2.2%) over the past two trading days vs. the FTSE 100 Index which has fallen 0.3% in the same period.

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

+ The positive 1.4 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

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

Undervaluation:

+ Price to Book of 0.6 [1.1]

Other Bullish Signals include:

+ Return on Equity is positive and has seen consecutive rises in recent years.

Note

Barclays today is at a discount of 17.6% to the 12-month high of GBX241.14 on 23 Feb, 2017. It is at a premium of 12.1% to the 12-month low of GBX177.30 on 20 Nov, 2017.

Bearish Signals:

The stock has underperformed 73% of the United Kingdom market over the past 6 months.

In the last three months the stock has hit a new 52-week low twice.

The price dropped 2.6% in the last month.

Net profit margin has averaged 6.7% in the last 3 years. This is lower than the sector average of 19.6% and suggests a low margin of safety.

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

Overvaluation:

Return on Assets 0.2% [0.4%]

Barclays PLC (L:BARC; LON:BARC; LN:BARC)

ISIN: GB0031348658

PermID: 4297546630

Source: www.BuySellSignals.com