Buzzi Unicem SpA, Italy’s eighth largest Construction, Engineering & Materials company by market capitalisation, dipped two Eurocents (or 0.3 per cent) to €7. In the Italian market of 372 stocks, the stock has a six-month relative strength of 30 which means it has underperformed 70 per cent of the market. The stock fell for a third day on Tuesday bringing its three day fall to 50.0 Eurocents or 6.7 per cent. Compared with the MIBTEL Index which fell 110.0 points (or 0.6 per cent) on the day, this represented a relative price change of 0.3 per cent.

Volatility: The stock traded between an intraday low of Euro6.81 and two-day high of €7.24. This suggests a trading opportunity between peaks and troughs.

Moving Average Price (MAP): The price to 200-day MAP ratio is 0.65, a bearish indicator. The stock is trading below both its MAPs and the 50-day MAP of €.20 is lower than the 200-day MAP of Euro10.72, a bearish indicator. The 200-day MAP has decreased to Euro10.72. A decrease is another bearish indicator. In the last three months the number of falls outnumbered rises 42:24 or 1.75:1.

Relativities: Since open its percentile rank in the Italian market was 49.

Volume and Turnover Period: There were 144,665 shares worth €1m (US$1m) traded. The volume was 1.3 times average trading of 113,762 shares. The turnover rate in the 12 months to date was 117.02 per cnet (or a turnover period of 10 months). This average length of ownership of the stock at 0.5 times the average holding period of 1 year 7 months for stocks in the All STARS Index suggests a larger number of speculators on the share register, making it less safe for long-term investors.

% Premium to Low: The last price is at a premium of 2.8 per cent to the 12-month low of €6.81.

Volume Weighted Price (VWP): The price is at a discount of 15.8 per cent to the 1-month volume weighted average price of €8.32, which may appeal as a value proposition.

-month volume weighted average price of€8.32, which may appeal as a value proposition.
Advertisement