Israeli stock alert

ISRAEL

CLOSING UPDATE: Algomizer up 6.5% in 2 days 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).

Algomizer, Israel's 11th largest communications & media company by market capitalisation, extended its gains on Sunday, rising an additional 22.0 agorot (or 6.3%) to trade at NIS3.73. Trading volume was 2.8 times average at the end of the day. The shares have risen 22.70 agorot (or 6.5%) over the past two trading days vs. the TA-25 Index which has risen 0.05% in the same period.

Note

Algomizer today is at a discount of 32.2% to the 12-month high of NIS5.50 on 06 Jul, 2017. It is at a premium of 15.7% to the 12-month low of NIS3.23 on 28 Dec, 2017.

The stock has underperformed 52% of the Israel market over the past 6 months.

Bearish Signals:

The negative 0.06 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

The price decreased 1.2% in the last week.

TODAY'S ALERT

Afternoon Alert: Algomizer jumps 6.3% on spectacular volume

17 June 2018 14:10 IDT

Algomizer Ltd. (TASE:ALMO) traded on heavy volume of 5.9 times average so far today while the price jumped 22.0 agorot (or 6.3%) to trade at NIS3.73.

RECENT ALERTS

CLOSING UPDATE: Algomizer continues significant downtrend, decreases further 0.5%

13 June 2018 18:45 IDT

Algomizer, Israel's 12th largest communications & media company by market capitalisation, continued its significant downtrend and dropped 7.70 agorot (or 2.2%) to trade at NIS3.50 today. Compared with the TA-25 Index which fell 0.8 points (or 0.05%) in the day, this represented a relative price change of -2.1%.

Afternoon Alert: Algomizer continues significant downtrend, decreases 1.7%

13 June 2018 14:12 IDT

Algomizer Ltd. (TASE:ALMO) continued its significant downtrend and decreased 6.0 agorot (or 1.7%) to trade at NIS3.52 today.

Algomizer Ltd. (TV:ALMO; TLV:ALMO; TA:ALMO; TA:ALMO; IT:ALMO)

ISIN: IL0007440113

PermID: 4295926227

Source: www.BuySellSignals.com