Israeli stock alert

ISRAEL

CLOSING UPDATE: Tadir Gan (Precision Products) 1993 up 9.9% in 2 days 20 September 2018 20:47 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).

Tadir Gan (Precision Products) 1993, Israel's 13th largest metal & building products company by market capitalisation, extended its gains on Thursday, rising an additional 0.70 agorot (or 7.5%) to trade at 10.0 agorot. Trading volume was 89% of average at the end of the day. The shares have risen 0.90 agorot (or 9.9%) over the past two trading days vs. the TA-25 Index which has risen 1.2% in the same period.

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

Undervaluation:

+ Price/Sales of 0.5 [2.9]

+ Price to Book of 0.5 [5.3]

Bullish Signals:

+ Tobin's Q Ratio is 0.2. Compared with the rest of the market the stock is undervalued and ranks in the top 5% of stock by value of Q Ratio.

Note

Tadir Gan (Precision Products) 1993 today is at a discount of 80.4% to the 12-month high of 51.0 agorot on 10 Dec, 2017. It is at a premium of 16.3% to the 12-month low of 8.60 agorot on 02 Sep, 2018.

Bearish Signals:

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

The price sank 5.7% in the last month.

The present value of NIS1,000 invested one year ago is NIS287 [vs NIS1,177 for the TA-25 Index].

TODAY'S ALERTS

Afternoon Alert: Tadir Gan (Precision Products) 1993 up 9.9% in 2 days

20 September 2018 14:11 IDT

Tadir Gan (Precision Products) 1993 Ltd. (TASE:TDGN) extended its gains on Thursday, rising an additional 0.70 agorot (or 7.5%) to trade at 10.0 agorot. Trading volume was 3.4 times average so far today. The shares have risen 0.90 agorot (or 9.9%) over the past two trading days vs. the TA-25 Index which has risen 1.1% in the same period.

Afternoon Alert: Tadir Gan (Precision Products) 1993 up 9.9% in 2 days

20 September 2018 12:10 IDT

Tadir Gan (Precision Products) 1993 Ltd. (TASE:TDGN) extended its gains on Thursday, rising an additional 0.70 agorot (or 7.5%) to trade at 10.0 agorot. Trading volume was 3.4 times average so far today. The shares have risen 0.90 agorot (or 9.9%) over the past two trading days vs. the TA-25 Index which has risen 1.1% in the same period.

Tadir Gan (Precision Products) 1993 Ltd. (TV:TDGN; TLV:TDGN; TA:TDGN; TA:TDGN; IT:TDGN)

ISIN: IL0010901416

PermID: 4297160006

Source: www.BuySellSignals.com