US NYSE stock alert

USA

Afternoon Alert: Johnson and Johnson hits 52-week high fourth time in one month 18 October 2017 13:06 EDT

NEWS BITES - NORTH AMERICA

Johnson & Johnson (NYSE:JNJ) hit a 52-week high of $US141.58 today for the fourth time in the past one month and last traded at $US140.43. Trading volume was 1.2 times average so far today.

Current indications of bullish signals that support the trend in the unusual trading:

+ The positive 1.76 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ In the last one month the stock has hit a new 52-week high four times and in the last three months five times, pointing to an uptrend.

+ The price lifted 2.8% in the last week and 3.7% in the last month.

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

Undervaluation:

+ Price/Earnings/Growth of 3.15 [8.1]

+ Year-on-Year Earnings Growth of 8.2% [3.5%]

+ Return on Capital Employed 17.9% [8.3%]

+ Return on Assets 11.7% [5.7%]

+ Return on Equity 23.5% [14.1%]

+ Price/Earnings of 23.7 [28.3]

Note

The stock has outperformed 73% of the NYSE market over the past 6 months.

Bearish Signals:

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.

Net Profit margin is positive but falling in recent quarters.

Overbought/Bearish:

The 0.8% discount to 12-month high of $US141.58 against the 31.0% premium to 12-month low of $US107.20 suggests the climb might be peaking.

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

Overvaluation:

Price/Sales of 5.2 [4.1]

Dividend yield of 2.3% [2.7%]

Johnson & Johnson (N:JNJ)

ISIN: US4781601046

PermID: 4295904341

CIK: 200406

CUSIP: 478160104

Source: www.BuySellSignals.com