Saudi Arabian stock alert

SAARAB

CLOSING UPDATE: Saudi Electricity decreased 0.5% - underperforming 88% of stocks 26 July 2017 16:47 AST

NEWS BITES - MIDDLE EAST & NORTH AFRICA

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

Saudi Electricity, Saudi Arabia's largest energy company by market capitalisation, has decreased 11.0 hallalah (or 0.5%) today to trade at SAR24.08 and has underperformed 88% of the market in the past month. Compared with the All Share Index (TASI) which fell 27.5 points (or 0.4%) in the day, this represented a relative price change of -0.1%.

Technical indicators complementing today's significant downtrend:

+ The price sank 5.0% in the last month.

Other Bearish Signals include:

+ As per the Du Pont analysis, Return on Equity is less than stellar at 3.4%.

Note

Saudi Electricity today is at a discount of 7.6% to the 12-month high of SAR26.05 on 03 Jul, 2017. It is at a premium of 73.6% to the 12-month low of SAR13.87 on 03 Oct, 2016.

Bullish Signals:

The positive 0.2 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

In the last three months the stock has hit a new 52-week high twice.

Tobin's Q Ratio is 0.2. Compared with the rest of the market the stock is undervalued and ranks in the top 9% of stock by value of Q Ratio.

Net profit margin has averaged 5.8% in the last 3 years. This is better than the sector average of 5.5% and suggests a high margin of safety.

TODAY'S ALERTS

Afternoon Alert: Saudi Electricity decreases 0.3% on firm volume

26 July 2017 14:34 AST

Saudi Electricity Company (TASI:5110) traded on heavy volume of 1.2 times average so far today while the price decreased 7.0 hallalah (or 0.3%) to trade at SAR24.12.

Morning Alert: Saudi Electricity increases 0.5% on firm volume

26 July 2017 11:22 AST

Saudi Electricity Company (TASI:5110) traded on heavy volume of 1.3 times average so far today while the price increased 11.0 hallalah (or 0.5%) to trade at SAR24.30.

RECENT ALERTS

Afternoon Alert: Saudi Electricity increases 0.1%

25 July 2017 14:34 AST

Saudi Electricity Company (TASI:5110) traded on volume of 0.6 times average so far today while the price increased 3.0 hallalah (or 0.1%) to trade at SAR24.18.

Morning Alert: Saudi Electricity decreases 0.1%

25 July 2017 11:22 AST

Saudi Electricity Company (TASI:5110) traded on volume of 0.5 times average so far today while the price decreased 3.0 hallalah (or 0.1%) to trade at SAR24.12.

Saudi Electricity Company (SA:5110; SAU:5110; AB:5110)

ISIN: SA0007879550

PermID: 4295887339

Source: www.BuySellSignals.com