Israeli stock alert

ISRAEL

CLOSING UPDATE: Teva Pharmaceutical Industries decreases 0.7%, led market lower all day 17 June 2018 18:47 IDT

NEWS BITES - MIDDLE EAST & NORTH AFRICA

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

Teva Pharmaceutical Industries, Israel's largest chemical, rubber & plastic company by market capitalisation, has decreased 0.7% to trade at NIS85.14 vs. the TA-25 Index which weakened 1.8 points (or 0.1%) to 1,540.6. Representing a weighting of about 18.0% of the index, the stock accounted for the loss. Trading volume was 25% of average at the end of the day. Compared with the TA-25 Index which fell 1.8 points (or 0.1%) in the day, this represented a relative price change of -0.6%.

Bearish Signals:

+ Net profit margin has averaged 9.8% in the last 3 years. This is lower than the sector average of 9.8% and suggests a low margin of safety.

Note

Teva Pharmaceutical Industries today is at a discount of 28.1% to the 12-month high of NIS118.50 on 27 Jul, 2017. It is at a premium of 122.9% to the 12-month low of NIS38.20 on 02 Nov, 2017.

Bullish Signals:

The positive 4.31 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

The price climbed 4.1% in the last week and soared 16.8% in the last month.

The company is cash rich with Cash to Market Capitalisation at 31.3%.

Tobin's Q Ratio is 0.4. Compared with the rest of the market the stock is undervalued.

As per the Du Pont analysis, Return on Equity is less than stellar at 5.3%. Also, this has deteriorated from 13.1% last year.

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

Undervaluation:

Price to Book of 0.8 [1.2]

Return on Equity 5.3% [1.6%]

Return on Assets 2.9% [0.6%]

Return on Capital Employed 2.1% [1.5%]

TODAY'S ALERTS

Afternoon Alert: Teva Pharmaceutical Industries decreases 0.7%, leads market lower

17 June 2018 14:10 IDT

Teva Pharmaceutical Industries Ltd. (TASE:TEVA) has decreased 0.7% to trade at NIS85.14 vs. the TA-25 Index which weakened 2.6 points (or 0.2%) to 1,539.9. Representing a weighting of about 18.0% of the index, the stock accounted for 75.2% of today's loss. Trading volume was 88% of average so far today.

Afternoon Alert: Teva Pharmaceutical Industries decreases 0.7%, leads market lower

17 June 2018 12:10 IDT

Teva Pharmaceutical Industries Ltd. (TASE:TEVA) has decreased 0.7% to trade at NIS85.15 vs. the TA-25 Index which weakened 3.6 points (or 0.2%) to 1,538.9. Representing a weighting of about 18.0% of the index, the stock accounted for 54.7% of today's loss. Trading volume was 46% of average so far today.

RECENT ALERTS

CLOSING UPDATE: Teva Pharmaceutical Industries decreases 1.1%, led Chemical, rubber & plastic sector lower

14 June 2018 18:47 IDT

Teva Pharmaceutical Industries, Israel's largest chemical, rubber & plastic company by market capitalisation, has decreased 1.1% to trade at NIS85.75 vs. the Chemical, rubber & plastic sector which weakened 1.1 points (or 0.1%) to 817.9. Representing a weighting of about 37.9% of the sector, the stock accounted for the loss. Trading volume was 1.1 times average at the end of the day. Compared with the TA-25 Index which rose 2.6 points (or 0.2%) in the day, this represented a relative price change of -1.3%.

Afternoon Alert: Teva Pharmaceutical Industries decreases 0.3% on robust volume

14 June 2018 14:11 IDT

Teva Pharmaceutical Industries Ltd. (TASE:TEVA) traded on heavy volume of 1.5 times average so far today while the price decreased 27.0 agorot (or 0.3%) to trade at NIS86.43.

Teva Pharmaceutical Industries Ltd. (TV:TEVA; TLV:TEVA; TA:TEVA; TA:TEVA; IT:TEVA)

ISIN: IL0006290147

PermID: 4295875158

Source: www.BuySellSignals.com