Israeli stock alert

ISRAEL

CLOSING UPDATE: PLT Financial Services jumps 9.8% 18 October 2017 18:13 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).

PLT Financial Services, Israel's 38th largest investment & holdings company by market capitalisation, has jumped 3.90 agorot (or 9.8%) to trade at 43.90 agorot. Compared with the TA-25 Index which rose 4.7 points (or 0.3%) in the day, this represented a relative price increase of 9.4%.

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

Undervaluation:

+ Price to Book of 1.2 [1.6]

Bullish Signals:

+ Tobin's Q Ratio is 0.7. Compared with the rest of the market the stock is undervalued.

Note

PLT Financial Services today is at a discount of 32.5% to the 12-month high of 65.0 agorot on 19 Oct, 2016. It is at a premium of 9.8% to the 12-month low of 40.0 agorot on 17 Oct, 2017.

Bearish Signals:

The stock has underperformed 86% of the Israel market over the past 6 months.

In the last three months the stock has hit a new 52-week low once.

As per the Du Pont analysis, Return on Equity is less than stellar at 1.1%. Also, this has deteriorated from 2.8% last year.

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

Overvaluation:

Price/Sales of 15.7 [1.7]

Return on Equity 1.1% [7.8%]

TODAY'S ALERTS

Afternoon Alert: PLT Financial Services jumps 9.8%

18 October 2017 14:10 IDT

PLT Financial Services Ltd (TASE:PLTF) has jumped 3.90 agorot (or 9.8%) to trade at 43.90 agorot.

Afternoon Alert: PLT Financial Services jumps 9.8%

18 October 2017 12:14 IDT

PLT Financial Services Ltd (TASE:PLTF) has jumped 3.90 agorot (or 9.8%) to trade at 43.90 agorot.

RECENT ALERTS

CLOSING UPDATE: PLT Financial Services hits 52-week low third time in four months

17 October 2017 18:12 IDT

PLT Financial Services, Israel's 38th largest investment & holdings company by market capitalisation, hit a 52-week low of 40.0 agorot today for the third time in the past four months and last traded at 40.0 agorot. Trading volume was 4.7 times average at the end of the day. Compared with the TA-25 Index which fell 1.4 points (or 0.1%) in the day, this represented a relative price change of -4.9%.

Afternoon Alert: PLT Financial Services hits 52-week low third time in four months

17 October 2017 14:10 IDT

PLT Financial Services Ltd (TASE:PLTF) hit a 52-week low of 40.0 agorot today for the third time in the past four months and last traded at 40.0 agorot. Trading volume was 1.4 times average so far today.

PLT Financial Services Ltd (TV:PLTF; TLV:PLTF; TA:PLTF; TA:PLTF; IT:PLTF)

ISIN: IL0005990192

PermID: 4296306851

Source: www.BuySellSignals.com