Brazilian stock alert

BRAZ

CLOSING UPDATE: Telefonica Brasil SA Preference Shares down 3.0% in 2 days 19 January 2018 18:34 BRST

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).

Telefonica Brasil SA Preference Shares, Brazil's largest telecommunication company by market capitalisation, extended its slide on Friday, shedding an additional R$1.36 (or 2.7%) to trade at R$49.35. Trading volume was 1.6 times average at the end of the day. The preference shares have fallen R$1.55 (or 3.0%) over the past two trading days vs. the Brazil Index 50 which has risen 0.04% in the same period.

Technical indicators complementing today's significant downtrend:

+ In the Brazilian market, the preference stock's relative price strength percentile is falling at 45 for 6 months, 42 for 3 months and 7 for 1 month.

+ The price dropped 2.0% in the last week and 2.3% in the last month.

Note

Telefonica Brasil SA Preference Shares today is at a discount of 6.5% to the 12-month high of R$52.77 on 20 Sep, 2017. It is at a premium of 16.9% to the 12-month low of R$42.23 on 18 May, 2017.

Bullish Signals:

The positive 0.14 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

Total Liabilities/EBITDA of 4.7 is less than the Joseph Piotroski benchmark of <5.

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

Net profit margin has averaged 10.7% in the last 3 years. This is better than the sector average of 9.5% and suggests a high margin of safety.

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

Undervaluation:

Price to Book of 2.2 [2.7]

Dividend yield of 5.3% [4.0%]

TODAY'S ALERTS

Afternoon Alert: Telefonica Brasil SA Preference Shares down 2.8% in 2 days

19 January 2018 14:08 BRST

Telefonica Brasil SA (SA:VIVT4) extended its slide on Friday, shedding an additional R$1.26 (or 2.5%) to trade at R$49.45. Trading volume was 3.0 times average so far today. The preference shares have fallen R$1.45 (or 2.8%) over the past two trading days vs. the Brazil Index 50 which has fallen 0.3% in the same period.

Afternoon Alert: Telefonica Brasil SA Preference Shares down 2.0% in 2 days

19 January 2018 12:10 BRST

Telefonica Brasil SA (SA:VIVT4) extended its slide on Friday, shedding an additional 83.0 centavos (or 1.6%) to trade at R$49.88. Trading volume was 1.8 times average so far today. The preference shares have fallen R$1.02 (or 2.0%) over the past two trading days vs. the Brazil Index 50 which has fallen 0.1% in the same period.

Telefonica Brasil SA (SA:VIVT4; SAO:VIVT4; BZ:VIVT4)

ISIN: BRVIVTACNPR7

Source: www.BuySellSignals.com