Israeli stock alert
Afternoon Alert: MEDIVIE THERAPEUTIC LTD keeps rising: up 27.3% in 3 days 22 April 2018 14:10 IDT
NEWS BITES - MIDDLE EAST & NORTH AFRICA
MEDIVIE THERAPEUTIC LTD (TASE:MDVI-M) extended its gains on Sunday, rising an additional NIS5.50 (or 5.9%) to trade at NIS99.0. Trading volume was 74% of average so far today. The shares have risen NIS21.25 (or 27.3%) over the past three trading days vs. the TA-25 Index which has risen 0.9% in the same period.
Current indications of bullish signals that support the trend in the unusual trading:
+ The positive 12.84 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.
+ The stock has outperformed 99% of the Israel market over the past 6 months.
+ In the last three months the stock has hit a new 52-week high nine times, pointing to a significant uptrend.
Other Bullish Signals include:
+ Net Profit margin, EBIT margin and EBITDA margin are negative but improving in recent years.
MEDIVIE THERAPEUTIC LTD today is at a discount of 13.6% to the 12-month high of NIS114.60 on 28 Mar, 2018. It is at a premium of 3,200.0% to the 12-month low of NIS3.0 on 12 Sep, 2017.
MEDIVIE THERAPEUTIC LTD (TV:MDVI-M; TLV:MDVI-M; TA:MDVI-M; TA:MDVI-M; IT:MDVI-M)