Brazilian stock alert

BRAZ

CLOSING UPDATE: Mills Estruturas e Servicos de Engenharia down 5.7% in 2 days 21 July 2017 17:33 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).

Mills Estruturas e Servicos de Engenharia, Brazil's 10th largest commercial services company by market capitalisation, extended its slide on Friday, shedding an additional 12.0 centavos (or 2.9%) to trade at R$4.0. Trading volume was 1.3 times average at the end of the day. The shares have fallen 24.0 centavos (or 5.7%) over the past two trading days vs. the Brazil Index 50 which has fallen 0.8% in the same period.

Technical indicators complementing today's significant downtrend:

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

+ The present value of BRL1,000 invested one year ago is R$661 [vs R$1,139 for the Brazil Index 50].

Note

Mills Estruturas e Servicos de Engenharia today is at a discount of 37.7% to the 12-month high of R$6.42 on 25 Jul, 2016. It is at a premium of 22.7% to the 12-month low of R$3.26 on 22 May, 2017.

The stock has underperformed 59% of the Brazilian market over the past 6 months.

Bullish Signals:

The positive 0.1 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

The price climbed 5.5% in the last week and soared 12.0% in the last month.

Tobin's Q Ratio is 0.5. Compared with the rest of the market the stock is undervalued.

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

Undervaluation:

Price/Sales of 1.8 [3.7]

TODAY'S ALERT

Afternoon Alert: Mills Estruturas e Servicos de Engenharia down 4.5% in 2 days

21 July 2017 13:08 BRT

Mills Estruturas e Servicos de Engenharia SA (SA:MILS3) extended its slide on Friday, shedding an additional 7.0 centavos (or 1.7%) to trade at R$4.05. Trading volume was 78% of average so far today. The shares have fallen 19.0 centavos (or 4.5%) over the past two trading days vs. the Brazil Index 50 which has fallen 0.8% in the same period.

RECENT ALERTS

CLOSING UPDATE: Mills Estruturas e Servicos de Engenharia keeps rising: up 13.8% in 6 days

18 July 2017 17:33 BRT

Mills Estruturas e Servicos de Engenharia, Brazil's 10th largest commercial services company by market capitalisation, extended its gains on Tuesday, rising an additional 17.0 centavos (or 4.3%) to trade at R$4.12. Trading volume was 1.4 times average at the end of the day. The shares have risen 50.0 centavos (or 13.8%) over the past six trading days vs. the Brazil Index 50 which has risen 3.8% in the same period.

Morning Alert: Mills Estruturas e Servicos de Engenharia in 6th consecutive rise, nears two-month high

18 July 2017 11:10 BRT

Mills Estruturas e Servicos de Engenharia SA (SA:MILS3) extended its gains Tuesday, rising an additional 4.0 centavos (or 1.0%) to trade at R$3.99. The stock increased 1.07% on Friday and 4.22% on Monday bringing its 6-day rise to 10.2%. It is now approaching its 40-day high of R$4.04.

Mills Estruturas e Servicos de Engenharia SA (SA:MILS3; SAO:MILS3; BZ:MILS3)

ISIN: BRMILSACNOR2

PermID: 5000462783

Source: www.BuySellSignals.com