UK stock alert

UK

Afternoon Alert: AstraZeneca keeps sliding: down 3.3% in 4 days 18 January 2018 14:43 GMT

NEWS BITES - EUROPE

AstraZeneca PLC (L:AZN) extended its slide on Thursday, shedding an additional GBX28.0 (or 0.6%) to trade at GBX4,962.50. Trading volume was 1.4 times average so far today.

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

+ The price dropped 3.3% in the last week.

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

Overvaluation:

+ Price/Sales of 3.5 [3.1]

Other Bearish Signals include:

+ Tobin's Q Ratio is 1.4. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.

+ Net profit margin has averaged 10.3% in the last 3 years. This is lower than the sector average of 14.2% and suggests a low margin of safety.

Note

AstraZeneca today is at a discount of 8.7% to the 12-month high of GBX5,435.60 on 22 Jun, 2017. It is at a premium of 25.9% to the 12-month low of GBX3,942.63 on 27 Jan, 2017.

The stock has underperformed 65% of the United Kingdom market over the past 6 months.

Bullish Signals:

The positive 43.59 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

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

Undervaluation:

Return on Assets 5.4% [2.3%]

Return on Equity 22.3% [9.4%]

Price/Earnings of 24.8 [48.8]

AstraZeneca PLC (L:AZN; LON:AZN; LN:AZN)

ISIN: GB0009895292

PermID: 4295894341

Source: www.BuySellSignals.com