Israeli stock alert

ISRAEL

Afternoon Alert: Ralco Agencies tumbles 7.9% on extraordinary volume 18 October 2017 14:10 IDT

NEWS BITES - MIDDLE EAST & NORTH AFRICA

Ralco Agencies Ltd. (TASE:RLCO) traded on heavy volume of 4.1 times average so far today while the price tumbled NIS2.44 (or 7.9%) to trade at NIS28.60.

Current indications of bearish signals that support the trend in the unusual trading:

+ The negative 1.51 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

+ In the Israel market, the stock's relative price strength percentile is slipping at 9 for 6 months, 4 for 3 months and 1 for 1 month.

Other Bearish Signals include:

+ Tobin's Q Ratio is 0.8. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.

+ Net profit margin has averaged 4.7% in the last 3 years. This suggests the company is less profitable with a low margin of safety.

Note

Ralco Agencies today is at a discount of 39.0% to the 12-month high of NIS46.88 on 08 Jan, 2017. It is at a premium of 24.8% to the 12-month low of NIS22.92 on 20 Nov, 2016.

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

Undervaluation:

Return on Capital Employed 33.8% [3.5%]

Return on Assets 9.3% [1.4%]

Return on Equity 30.7% [4.7%]

Price/Earnings/Growth of 0.45 [2.5]

Price/Sales of 0.5 [2.3]

Ralco Agencies Ltd. (TV:RLCO; TLV:RLCO; TA:RLCO; TA:RLCO; IT:RLCO)

ISIN: IL0003930174

PermID: 4295917766

Source: www.BuySellSignals.com