Israeli stock alert
Afternoon Alert: Victory Supermarket Chain up 6.1% in 2 days 25 July 2017 14:10 IDT
NEWS BITES - MIDDLE EAST & NORTH AFRICA
Victory Supermarket Chain Ltd (TASE:VCTR) extended its gains on Tuesday, rising an additional NIS2.60 (or 6.0%) to trade at NIS45.89. Trading volume was 3.4 times average so far today. The shares have risen NIS2.64 (or 6.1%) over the past two trading days vs. the TA-25 Index which has risen 0.1% in the same period.
Current indications of bullish signals that support the trend in the unusual trading:
+ The positive 0.27 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.
+ The price climbed 5.1% in the last week and jumped 6.3% in the last month.
Other Bullish Signals include:
+ Return on Assets and Return on Equity are positive and have seen consecutive rises in recent years.
The stock has outperformed 55% of the Israel market over the past 6 months.
Fundamental measures by comparison with the sector average [in brackets] indicate:
Dividend yield of 2.3% [5.7%]
Victory Supermarket Chain Ltd (TV:VCTR; TLV:VCTR; TA:VCTR; TA:VCTR; IT:VCTR)