US Nasdaq stock alert
CLOSING UPDATE: Activision Blizzard increased further 0.1% - outperforming 85% of stocks 24 July 2017 17:53 EDT
NEWS BITES - NORTH AMERICA
This is an end of day Alert, produced after today's NASDAQ market close. It concludes the BSS News Bites intra-day Alert series (summaries below).
Activision Blizzard, NASDAQ's largest gaming company by market capitalisation, has increased 51.0c (or 0.8%) today to trade at $US61.44 and has outperformed 85% of the market in the past three months. A price rise combined with a high relative strength is a bullish signal. Compared with the NASDAQ-100 Index which rose 9.5 points (or 0.2%) in the day, this represented a relative price increase of 0.7%.
Technical indicators complementing today's significant uptrend:
+ The positive 0.84 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.
+ In the last three months the stock has hit a new 52-week high seventeen times, pointing to a significant uptrend.
+ The price increased 1.6% in the last week and 0.5% in the last month.
+ The present value of USD1,000 invested one year ago is $US1,501 [vs $US1,273 for the NASDAQ-100 Index].
Other Bullish Signals include:
+ Interest cover is less leveraged at 6.2 times.
+ Net profit margin has averaged 17.6% in the last 3 years. This is considered superior and suggests a high margin of safety.
+ The Brand Value represents 5.5% of the estimated Enterprise Value of $US47.9 billion.
Tobin's Q Ratio is 2.7. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.
The 1.5% discount to 12-month high of $US62.39 against the 76.0% premium to 12-month low of $US34.91 suggests the climb might be peaking.
Fundamental measures by comparison with the sector average [in brackets] indicate:
Price/Sales of 5.6 [2.6]
Dividend yield of 0.5% [0.6%]
Afternoon Alert: Activision Blizzard increases 0.8% - outperforming 84% of stocks
24 July 2017 13:30 EDT
Activision Blizzard, Inc. (NASDAQ:ATVI) has increased 46.0c (or 0.8%) today to trade at $US61.39 and has outperformed 84% of the market in the past three months. A price rise combined with a high relative strength is a bullish signal.
Morning Alert: Activision Blizzard increases 1.0% - outperforming 84% of stocks
24 July 2017 11:01 EDT
Activision Blizzard, Inc. (NASDAQ:ATVI) has increased 59.50c (or 1.0%) today to trade at $US61.52 and has outperformed 84% of the market in the past three months. A price rise combined with a high relative strength is a bullish signal.
Activision Blizzard, Inc. (O:ATVI)