Brazilian stock alert

BRAZ

CLOSING UPDATE: Cesp - Cia Energetica De Sao Paulo Preference A Shares jumps 8.2% 17 October 2017 18:35 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).

Cesp - Cia Energetica De Sao Paulo Preference A Shares, Brazil's 24th largest electric company by market capitalisation, traded on volume of 0.2 times average today while the price jumped R$1.49 (or 8.2%) to trade at R$19.60. Compared with the Brazil Index 50 which fell 112.3 points (or 0.9%) in the day, this represented a relative price increase of 9.1%.

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

Undervaluation:

+ Dividend yield of 9.3% [2.5%]

Note

Cesp - Cia Energetica De Sao Paulo Preference A Shares today is at a discount of 14.8% to the 12-month high of R$23.0 on 18 Apr, 2017. It is at a premium of 20.2% to the 12-month low of R$16.30 on 08 Dec, 2016.

Bearish Signals:

The preference stock has underperformed 88% of the Brazilian market over the past 6 months.

The price decreased 0.5% in the last week.

TODAY'S ALERT

Afternoon Alert: Cesp - Cia Energetica De Sao Paulo Preference A Shares jumps 8.2%

17 October 2017 14:08 BRST

Cia Energetica de Sao Paulo (SA:CESP5) traded on volume of 0.2 times average so far today while the price jumped R$1.49 (or 8.2%) to trade at R$19.60.

RECENT ALERTS

CLOSING UPDATE: Cesp - Cia Energetica De Sao Paulo Preference A Shares recovers 0.1% on spectacular volume

16 October 2017 18:36 BRST

Cesp - Cia Energetica De Sao Paulo Preference A Shares, Brazil's 25th largest electric company by market capitalisation, traded on heavy volume of 5.2 times average today while the price tumbled R$1.69 (or 8.5%) to trade at R$18.11. Compared with the Brazil Index 50 which fell 14.3 points (or 0.1%) in the day, this represented a relative price change of -8.4%.

Afternoon Alert: Cesp - Cia Energetica De Sao Paulo Preference A Shares tumbles 8.6% on strong volume

16 October 2017 14:09 BRST

Cia Energetica de Sao Paulo (SA:CESP5) traded on heavy volume of 2.5 times average so far today while the price tumbled R$1.70 (or 8.6%) to trade at R$18.10.

Cia Energetica de Sao Paulo (SA:CESP5; SAO:CESP5; BZ:CESP5)

ISIN: BRCESPACNPA6

Source: www.BuySellSignals.com