US Nasdaq stock alert

USA

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:

Undervaluation:

+ 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]

Note

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.

Bearish Signals:

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)

ISIN: US6937181088

PermID: 4295900643

CIK: 75362

CUSIP: 693718108

Source: www.BuySellSignals.com