Brazilian stock alert

BRAZ

CLOSING UPDATE: B2W Cia Digital increases further 1.2% - outperforming 95% of stocks 20 June 2018 17:36 BRT

NEWS BITES - BRIC

This is an end of day Alert, produced after today's Brazilian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

B2W Cia Digital, Brazil's largest internet company by market capitalisation, has climbed R$1.55 (or 5.9%) today to trade at R$27.79 and has outperformed 95% of the market in the past week. A price rise combined with a high relative strength is a bullish signal. Compared with the Brazil Index 50 which rose 122.7 points (or 1%) in the day, this represented a relative price increase of 4.9%.

Technical indicators complementing today's significant uptrend:

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

+ The price jumped 9.0% in the last week and lifted 3.5% in the last month.

+ The present value of BRL1,000 invested one year ago is R$2,282 [vs R$1,187 for the Brazil Index 50].

Other Bullish Signals include:

+ The company is cash rich with Cash to Market Capitalisation at 13.8%.

+ Tobin's Q Ratio is 1.2. Compared with the rest of the market the stock is undervalued.

Note

B2W Cia Digital today is at a discount of 13.8% to the 12-month high of R$32.25 on 24 Apr, 2018. It is at a premium of 150.1% to the 12-month low of R$11.11 on 10 Jul, 2017.

Bearish Signals:

The negative 0.47 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

TODAY'S ALERTS

Afternoon Alert: B2W Cia Digital climbs 4.7% - outperforming 94% of stocks

20 June 2018 13:07 BRT

B2W Cia Digital (SA:BTOW3) has climbed R$1.23 (or 4.7%) today to trade at R$27.47 and has outperformed 94% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

Morning Alert: B2W Cia Digital up 10.7% in 2 days

20 June 2018 11:10 BRT

B2W Cia Digital (SA:BTOW3) extended its gains on Wednesday, rising an additional R$1.20 (or 4.6%) to trade at R$27.44. The shares have risen R$2.66 (or 10.7%) over the past two trading days vs. the Brazil Index 50 which has risen 3.0% in the same period.

RECENT ALERTS

CLOSING UPDATE: B2W Cia Digital down 7.4% in 2 days

18 June 2018 17:38 BRT

B2W Cia Digital, Brazil's largest internet company by market capitalisation, extended its slide on Monday, shedding an additional 89.0 centavos (or 3.5%) to trade at R$24.78. The shares have fallen R$1.97 (or 7.4%) over the past two trading days vs. the Brazil Index 50 which has fallen 2.3% in the same period.

Afternoon Alert: B2W Cia Digital down 7.6% in 2 days

18 June 2018 13:07 BRT

B2W Cia Digital (SA:BTOW3) extended its slide on Monday, shedding an additional 96.0 centavos (or 3.7%) to trade at R$24.71. Trading volume was 1.2 times average so far today. The shares have fallen R$2.04 (or 7.6%) over the past two trading days vs. the Brazil Index 50 which has fallen 2.2% in the same period.

B2W Cia Digital (SA:BTOW3; SAO:BTOW3; BZ:BTOW3)

ISIN: BRBTOWACNOR8

Source: www.BuySellSignals.com