Israeli stock alert

ISRAEL

Afternoon Alert: I.E.S Holdings accelerates rise, now up 3.5% in 2 days 22 April 2018 14:10 IDT

NEWS BITES - MIDDLE EAST & NORTH AFRICA

I.E.S Holdings Ltd. (TASE:IES) is up NIS5.90 (or 3.5%) over the past two trading days. After rising 0.4% on Tuesday, the stock rose 3.2% on Sunday to trade at NIS172.60 vs. the TA-25 Index that is up 0.7% in the same period.

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

+ The 5.3% discount to 12-month high of NIS182.29 against the 42.1% premium to 12-month low of NIS121.48 suggests the stock continues to push for new highs.

+ The price climbed 4.1% in the last week and lifted 2.9% in the last month.

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

Undervaluation:

+ Return on Capital Employed 17.1% [5.6%]

+ Return on Equity 15.2% [9.3%]

+ Price/Earnings of 10.5 [14.5]

Other Bullish Signals include:

+ The company is cash rich with Cash to Market Capitalisation at 13.8%.

+ Total Liabilities/EBITDA of 1.5 is comfortably below the Joseph Piotroski benchmark of <5.

Note

The stock has outperformed 58% of the Israel market over the past 6 months.

Bearish Signals:

The negative 0.39 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

Tobin's Q Ratio is 1.3. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.

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

Overvaluation:

Price/Sales of 6.8 [0.8]

Dividend yield of 1.3% [4.3%]

I.E.S Holdings Ltd. (TV:IES; TLV:IES; TA:IES; TA:IES; IT:IES)

ISIN: IL0004310152

PermID: 4295926605

Source: www.BuySellSignals.com