US Nasdaq stock alert

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CLOSING UPDATE: Charter Communications Class A keeps rising: up 3.7% in 3 days 19 January 2018 18:01 EST

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).

Charter Communications Class A, NASDAQ's 2nd largest cable tv company by market capitalisation, extended its gains on Friday, rising an additional 80.0c (or 0.2%) to trade at $US366.05. Trading volume was 82% of average at the end of the day. The shares have risen $US13.12 (or 3.7%) over the past three trading days vs. the NASDAQ-100 Index which has risen 1.4% in the same period.

Technical indicators complementing today's significant uptrend:

+ The positive 7.48 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The price lifted 3.4% in the last week and soared 15.5% in the last month.

Other Bullish Signals include:

+ Tobin's Q Ratio is 0.6. Compared with the rest of the market the stock is undervalued.

Note

The stock has underperformed 55% of the NASDAQ market over the past 6 months.

Bearish Signals:

Net profit margin has averaged 2.7% in the last 3 years. This suggests the company is less profitable with a low margin of safety.

As per the Du Pont analysis, Return on Equity of 8.8% is lower than sector average of 12.2%.

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

Overvaluation:

Price/Earnings of 23.0 [16.4]

Price/Sales of 3.1 [1.7]

Return on Equity 8.8% [12.2%]

Return on Assets 2.5% [3.3%]

TODAY'S ALERT

Afternoon Alert: Charter Communications Class A in 3rd consecutive rise, nears five-month high

19 January 2018 13:24 EST

Charter Communications, Inc. (NASDAQ:CHTR) extended its gains Friday, rising an additional 77.0c (or 0.2%) to trade at $US366.02. The stock increased 1.39% on Wednesday and 2.07% on Thursday bringing its 3-day rise to 3.7%. It is now approaching its 99-day high of $US370.0.

RECENT ALERTS

CLOSING UPDATE: Charter Communications Class A lifts 2.1%

18 January 2018 18:00 EST

Charter Communications Class A, NASDAQ's 2nd largest cable tv company by market capitalisation, traded on volume of 0.9 times average today while the price lifted $US7.41 (or 2.1%) to trade at $US365.25. Compared with the NASDAQ-100 Index which rose 1.1 points (or 0.02%) in the day, this represented a relative price increase of 2.1%.

Afternoon Alert: Charter Communications Class A increases 0.6%, leads Cable TV sector higher

18 January 2018 13:25 EST

Charter Communications, Inc. (NASDAQ:CHTR) has increased 0.6% to trade at $US360.16 vs. the Cable TV sector which strengthened 137.2 points (or 0.6%) to 24,293.3. Representing a weighting of about 29.4% of the sector, the stock accounted for 33.4% of today's gain. The shares have outperformed 82% of the market in the past month. Trading volume was 1.1 times average so far today.

Charter Communications, Inc. (O:CHTR)

ISIN: US16117M3051

PermID: 4295912840

CIK: 1091667

CUSIP: 16119P108

Source: www.BuySellSignals.com