Israeli stock alert

ISRAEL

CLOSING UPDATE: Nano Dimension Ltd jumps 6.6% on high volume 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).

Nano Dimension Ltd, Israel's 25th largest investment & holdings company by market capitalisation, traded on heavy volume of 2.2 times average today while the price jumped 11.10 agorot (or 6.6%) to trade at NIS1.78. Compared with the TA-25 Index which fell 1.8 points (or 0.1%) in the day, this represented a relative price increase of 6.8%.

Technical indicators complementing today's significant uptrend:

+ The positive 0.2 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The price soared 59.0% in the last week and 76.2% in the last month.

Note

Nano Dimension Ltd today is at a discount of 60.6% to the 12-month high of NIS4.52 on 18 Jun, 2017. It is at a premium of 95.7% to the 12-month low of 91.0 agorot on 08 May, 2018.

Bearish Signals:

The stock has underperformed 85% of the Israel market over the past 6 months.

In the last three months the stock has hit a new 52-week low fifteen times, pointing to a significant downtrend.

The present value of NIS1,000 invested one year ago is NIS407 [vs NIS1,082 for the TA-25 Index].

Tobin's Q Ratio is 2.2. Compared with the rest of the market the stock is overvalued and ranks in the bottom 10% of stocks by value of Q Ratio.

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

Overvaluation:

Price to Book of 2.8 [1.5]

TODAY'S ALERTS

Afternoon Alert: Nano Dimension Ltd climbs 5.2% - outperforming 99% of stocks

17 June 2018 14:10 IDT

Nano Dimension Ltd (TASE:NNDM) has climbed 8.70 agorot (or 5.2%) today to trade at NIS1.76 and has outperformed 100% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

Afternoon Alert: Nano Dimension Ltd climbs 5.3% - outperforming 99% of stocks

17 June 2018 12:10 IDT

Nano Dimension Ltd (TASE:NNDM) has climbed 8.90 agorot (or 5.3%) today to trade at NIS1.76 and has outperformed 100% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

RECENT ALERTS

CLOSING UPDATE: Nano Dimension Ltd keeps sliding: down 15.7% in 3 days

14 June 2018 18:47 IDT

Nano Dimension Ltd, Israel's 24th largest investment & holdings company by market capitalisation, extended its slide on Thursday, shedding an additional 13.0 agorot (or 7.2%) to trade at NIS1.67. Trading volume was 3.9 times average at the end of the day. The shares have fallen 31.0 agorot (or 15.7%) over the past three trading days vs. the TA-25 Index which has risen 0.2% in the same period.

Afternoon Alert: Nano Dimension Ltd keeps sliding: down 17.4% in 3 days

14 June 2018 14:11 IDT

Nano Dimension Ltd (TASE:NNDM) extended its slide on Thursday, shedding an additional 16.40 agorot (or 9.1%) to trade at NIS1.64. Trading volume was 42% of average so far today. The shares have fallen 34.40 agorot (or 17.4%) over the past three trading days vs. the TA-25 Index which has fallen 0.2% in the same period.

Nano Dimension Ltd (TV:NNDM; TLV:NNDM; TA:NNDM; TA:NNDM; IT:NNDM)

ISIN: IL0007510329

PermID: 4295941144

Source: www.BuySellSignals.com