US Nasdaq stock alert
Afternoon Alert: PACCAR lifts 2.3% on robust volume 17 August 2018 13:21 EDT
NEWS BITES - NORTH AMERICA
PACCAR Inc. (NASDAQ:PCAR) traded on heavy volume of 1.6 times average so far today while the price lifted $US1.54 (or 2.3%) to trade at $US67.22.
Current indications of bullish signals that support the trend in the unusual trading:
+ The positive 0.67 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.
+ The price jumped 6.2% in the last week and 6.8% in the last month.
Fundamental measures by comparison with the sector average [in brackets] indicate:
+ Return on Assets 7.1% [1.2%]
+ Return on Equity 20.8% [3.7%]
+ Dividend yield of 5.5% [1.4%]
+ Price to Book of 2.9 [6.5]
+ Price/Sales of 1.2 [2.0]
PACCAR today is at a discount of 14.9% to the 12-month high of $US78.99 on 29 Jan, 2018. It is at a premium of 12.9% to the 12-month low of $US59.56 on 02 Jul, 2018.
The stock has underperformed 61% of the NASDAQ market over the past 6 months.
In the last three months the stock has hit a new 52-week low once.
Tobin's Q Ratio is 1. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.
Net Profit margin is positive but falling in recent quarters.
PACCAR Inc. (O:PCAR)