Israeli stock alert

ISRAEL

Afternoon Alert: Mendelson Infrastructures & Industries accelerates slide, now down 5.7% in 5 days 19 August 2018 14:10 IDT

NEWS BITES - MIDDLE EAST & NORTH AFRICA

Mendelson Infrastructures & Industries Ltd (TASE:MNIN) is down 56.60 agorot (or 5.7%) over the past five trading days. After falling 1% on Wednesday, and 1.2% on Thursday, the stock fell 2.7% on Sunday to trade at NIS9.41 vs. the TA-25 Index that is up 0.4% in the same period.

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

+ The negative 0.04 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

+ The stock has underperformed 74% of the Israel market over the past 6 months.

+ The price sank 5.7% in the last week and decreased 0.6% in the last month.

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

Overvaluation:

+ Return on Assets 1.6% [3.2%]

+ Return on Equity 5.5% [10.7%]

+ Return on Capital Employed 4.7% [8.5%]

+ Dividend yield of 4.1% [4.7%]

Note

Mendelson Infrastructures & Industries today is at a discount of 24.6% to the 12-month high of NIS12.49 on 14 Jan, 2018. It is at a premium of 12.0% to the 12-month low of NIS8.40 on 20 Aug, 2017.

Bullish Signals:

Tobin's Q Ratio is 0.5. Compared with the rest of the market the stock is undervalued.

Net Profit margin, EBIT margin and EBITDA margin are positive and have seen consecutive rises in recent years.

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

Undervaluation:

Price to Book of 1.7 [3.3]

Mendelson Infrastructures & Industries Ltd (TV:MNIN; TLV:MNIN; TA:MNIN; TA:MNIN; IT:MNIN)

ISIN: IL0011294449

PermID: 4297571681

Source: www.BuySellSignals.com