US NYSE stock alert
Afternoon Alert: Eli Lilly and Company accelerates rise, now up 3.8% in 5 days 17 August 2018 13:00 EDT
NEWS BITES - NORTH AMERICA
Eli Lilly & Co. (NYSE:LLY) is up $US3.85 (or 3.8%) over the past five trading days. After rising 0.9% on Wednesday, and 1% on Thursday, the stock rose 1.1% on Friday to trade at $US105.54 vs. the S&P 500 Index that is up 0.3% in the same period.
Current indications of bullish signals that support the trend in the unusual trading:
+ The positive 3.87 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.
+ The stock has outperformed 90% of the NYSE market over the past 6 months.
+ In the last one month the stock has hit a new 52-week high sixteen times and in the last three months eighteen times, pointing to a significant uptrend.
Tobin's Q Ratio is 2.5. 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 has averaged 8% in the last 3 years. This is lower than the sector average of 14.4% and suggests a low margin of safety.
Net Profit margin has shown signs of deterioration in recent quarters.
The 0.04% discount to 12-month high of $US105.58 against the 45.0% premium to 12-month low of $US72.78 suggests the climb might be peaking.
Fundamental measures by comparison with the sector average [in brackets] indicate:
Dividend yield of 2.1% [2.7%]
Return on Capital Employed 7.2% [8.7%]
Eli Lilly & Co. (N:LLY)