Afternoon Alert: CSL (CSL:AUD282.37) increases 0.6%; leads S&P/ASX 200 Health Care index higher Friday July 10, 2020 16:00:00 AEST


CSL Limited (ASX:CSL) has increased 0.6% to trade at AUD282.37 vs. the S&P/ASX 200 Health Care index which strengthened 115.1 points (or 0.3%) to 41,686.4. Representing a weighting of about 53.1% of the index, the stock accounted for the gain. Trading volume has been 57% of average so far today.

SECTION 1: Technical indicators

Bullish:
The present value of AUD1,000 invested one year ago is AUD1,311 [vs AUD891 for the All Ordinaries Index], including a capital gain of AUD296 and dividend reinvested of AUD14. The total return to shareholders for 1 year is 31.1%.

Fundamental measures by comparison with the sector average [in brackets] indicate:
Undervaluation:
Dividend yield of 1% [0.8%]
Return on Equity 36.5% [16.9%]
Return on Assets 15.6% [8.1%]
Return on Capital Employed 23.1% [13.3%]
Total Liabilities/EBITDA of 3 is comfortably below the Joseph Piotroski benchmark of <5.

Note
The stock is at a discount of 17.2% to the 12-month high of AUD341.18 on 20 Feb, 2020. It is also at a premium of 32.6% to the 12-month low of AUD212.93 on 06 Aug, 2019.
Bearish:
The negative 1.96 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal (12-day minus 26-day Exponential Moving Averages). Both the 12-day and the 26-day EMA are falling - another bearish signal. In the past week, the stock's MACD has been negative every day, a reinforcing bearish signal.
The price sank 5.1% in the last week and decreased 1.2% in the last month.

SECTION 2: Ranking

DescriptionValueRank In Market
MCap USD billion88.8In Top 1%
Today's Volatility %1.4In Top Quartile
52-week Range (in AUD)212.9-341.2 
1-month Range (in AUD)278.8-298.0 
Williams %R-82.3Bullish


CSL Limited (AU:CSL; ASX:CSL; AX:CSL)
ISIN: AU000000CSL8
PermID: 4295856855

Source: www.BuySellSignals.com