Israeli stock alert

ISRAEL

CLOSING UPDATE: Perrigo Company increased further 1.6% 20 July 2017 18:12 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).

Perrigo Company, Israel's 3rd largest chemical, rubber & plastic company by market capitalisation, traded on volume of 0.4 times average today while the price lifted NIS6.10 (or 2.4%) to trade at NIS265.30. Compared with the TA-25 Index which rose 2.9 points (or 0.2%) in the day, this represented a relative price increase of 2.2%.

Technical indicators complementing today's significant uptrend:

+ The positive 0.47 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The price increased 2.0% in the last week and 1.1% in the last month.

Note

Perrigo Company today is at a discount of 28.1% to the 12-month high of NIS368.80 on 21 Jul, 2016. It is at a premium of 11.6% to the 12-month low of NIS237.70 on 03 Apr, 2017.

Bearish Signals:

The stock has underperformed 76% of the Israel market over the past 6 months.

TODAY'S ALERTS

Afternoon Alert: Perrigo Company increases 0.7% on robust volume

20 July 2017 14:11 IDT

Perrigo Company PLC (TASE:PRGO) traded on heavy volume of 1.6 times average so far today while the price increased NIS1.90 (or 0.7%) to trade at NIS261.10.

Afternoon Alert: Perrigo Company increases 0.3% on firm volume

20 July 2017 12:10 IDT

Perrigo Company PLC (TASE:PRGO) traded on heavy volume of 1.3 times average so far today while the price increased 80.0 agorot (or 0.3%) to trade at NIS260.0.

RECENT ALERTS

CLOSING UPDATE: Perrigo Company decreased gains by 0.7%

19 July 2017 18:12 IDT

Perrigo Company, Israel's 3rd largest chemical, rubber & plastic company by market capitalisation, traded on volume of 0.2 times average today while the price increased 70.0 agorot (or 0.3%) to trade at NIS259.20. Compared with the TA-25 Index which rose 3.3 points (or 0.2%) in the day, this represented a relative price increase of 0.04%.

Afternoon Alert: Perrigo Company increases 1.0%

19 July 2017 14:10 IDT

Perrigo Company PLC (TASE:PRGO) traded on volume of 0.9 times average so far today while the price increased NIS2.50 (or 1.0%) to trade at NIS261.0.

Perrigo Company PLC (TV:PRGO; TLV:PRGO; TA:PRGO; TA:PRGO; IT:PRGO)

ISIN: IE00BGH1M568

PermID: 5040203322

Source: www.BuySellSignals.com