US NYSE stock alert

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CLOSING UPDATE: General Electric keeps sliding: down 5.6% in 3 days 24 July 2017 17:52 EDT

NEWS BITES - NORTH AMERICA

This is an end of day Alert, produced after today's NYSE market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

General Electric, NYSE's largest diversified industrials company by market capitalisation, extended its slide on Monday, shedding an additional 48.0c (or 1.9%) to trade at $US25.43. Trading volume was 1.7 times average at the end of the day. The shares have fallen $US1.51 (or 5.6%) over the past three trading days vs. the S&P 500 Index which has fallen 0.2% in the same period.

Technical indicators complementing today's significant downtrend:

+ The negative 0.41 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

+ In the NYSE market, the stock's relative price strength percentile is slipping at 16 for 6 months, 10 for 3 months and 4 for 1 month.

+ In the last three months the stock has hit a new 52-week low seven times, pointing to a significant downtrend.

+ The price sank 5.2% in the last week and tumbled 7.7% in the last month.

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

Overvaluation:

+ Return on Equity 12.1% [17.9%]

+ Return on Assets 2.6% [4.6%]

Other Bearish Signals include:

+ Net profit margin has averaged 6.4% in the last 3 years. This is lower than the sector average of 12.5% and suggests a low margin of safety.

+ As per the Du Pont analysis, Return on Equity of 12.1% is lower than sector average of 17.9%.

Note

Bullish Signals:

The company is cash rich with Cash to Market Capitalisation at 20.1%.

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

The Brand Value represents an impressive 10.4% of the estimated Enterprise Value of $US358.7 billion.

Oversold/Bullish:

The 0.7% premium to 12-month low of $US25.26 against the 19.6% discount to high of $US31.62 suggests the decline might be bottoming.

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

Undervaluation:

Price/Sales of 1.8 [2.2]

Dividend yield of 3.7% [3.3%]

TODAY'S ALERTS

Afternoon Alert: General Electric keeps sliding: down 5.4% in 3 days

24 July 2017 13:05 EDT

General Electric Company (NYSE:GE) extended its slide on Monday, shedding an additional 42.0c (or 1.6%) to trade at $US25.49. The shares have fallen $US1.45 (or 5.4%) over the past three trading days vs. the S&P 500 Index which has fallen 0.2% in the same period.

Morning Alert: General Electric keeps sliding: down 5.2% in 3 days

24 July 2017 11:16 EDT

General Electric Company (NYSE:GE) extended its slide on Monday, shedding an additional 38.0c (or 1.5%) to trade at $US25.53. Trading volume was 86% of average so far today. The shares have fallen $US1.41 (or 5.2%) over the past three trading days vs. the S&P 500 Index which has fallen 0.3% in the same period.

RECENT ALERTS

CLOSING UPDATE: General Electric decreased further 0.1%, led market lower

21 July 2017 17:50 EDT

General Electric, NYSE's largest diversified industrials company by market capitalisation, has dropped 2.9% to trade at $US25.91 vs. the S&P 500 Index which weakened 0.9 points (or 0.04%) to 2,472.5. Representing a weighting of about 1.0% of the index, the stock accounted for 73.8% of today's loss. The shares have underperformed 93% of the market in the past week. Trading volume was 2.8 times average at the end of the day. Compared with the S&P 500 Index which fell 0.9 points (or 0.04%) in the day, this represented a relative price change of -2.9%.

Afternoon Alert: General Electric drops 2.8%, leads market lower

21 July 2017 13:07 EDT

General Electric Company (NYSE:GE) has dropped 2.8% to trade at $US25.95 vs. the S&P 500 Index which weakened 3.6 points (or 0.1%) to 2,469.9. Representing a weighting of about 1.0% of the index, the stock accounted for 20.1% of today's loss. The shares have underperformed 87% of the market in the past week. Trading volume was 2.9 times average so far today.

General Electric Company (N:GE)

ISIN: US3696041033

PermID: 4295903128

CIK: 40545

CUSIP: 369604103

Source: www.BuySellSignals.com