Qatari stock alert

QATAR

CLOSING UPDATE: Ooredoo Q.S.C. keeps rising: up 3.2% in 3 days 21 January 2018 13:23 AST

NEWS BITES - MIDDLE EAST & NORTH AFRICA

This is an end of day Alert, produced after today's Qatar market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Ooredoo Q.S.C., Qatar's largest telecommunication company by market capitalisation, extended its gains on Sunday, rising an additional 77.0 Dirham (or 0.8%) to trade at QAR99.83. Trading volume was 64% of average at the end of the day. The shares have risen QAR3.11 (or 3.2%) over the past three trading days vs. the QE Index which has fallen 0.1% in the same period.

Technical indicators complementing today's significant uptrend:

+ The positive 3.41 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

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

Undervaluation:

+ Dividend yield of 3.5% [2.1%]

+ Return on Equity 14.9% [9.6%]

+ Return on Assets 3% [2.4%]

Other Bullish Signals include:

+ The company is cash rich with Cash to Market Capitalisation at 51.6%.

+ Tobin's Q Ratio is 0.4. Compared with the rest of the market the stock is undervalued.

+ Net profit margin has averaged 7.3% in the last 3 years. This is better than the sector average of 6.5% and suggests a high margin of safety.

+ As per the Du Pont analysis, Return on Equity of 14.9% is better than sector average of 9.6%.

Note

Ooredoo Q.S.C. today is at a discount of 11.1% to the 12-month high of QAR112.24 on 20 Feb, 2017. It is at a premium of 28.0% to the 12-month low of QAR78.0 on 28 Nov, 2017.

Bearish Signals:

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

TODAY'S ALERT

Morning Alert: Ooredoo Q.S.C. increases 0.8%

21 January 2018 10:06 AST

Ooredoo Q.S.C. (QE:ORDS) traded on volume of 0.1 times average so far today while the price increased 84.0 Dirham (or 0.8%) to trade at QAR99.90.

Ooredoo Q.S.C. (QA:ORDS; QD:ORDS)

ISIN: QA0007227737

PermID: 4295886938

Source: www.BuySellSignals.com