Monday, September 4, 2017

IS THIS STOCK GOING TO RALLY NEXT?

Duty Free International stock
Dear readers, on 31 Aug 2017, Duty Free International stock rallied by a good 8.6% to reach $0.315 per share. The rally brought Duty Free International stock to cross above its 50-Days-Moving-Average. The next resistances for Duty Free International stock are the $0.34, $0.36 and the $0.395. If the uptrend for Duty Free International stock is confirmed, we should see the stock moving up across these resistances. Currently, the RSI shows that Duty Free International stock is at Overbought region.
The fundamentals of Duty Free International are good with debt to EBITDA at a low of 0.104. The dividends yield of the stock is also decent at 5.42% In July 2017, Duty Free International bought back 10% of its issued shared capital.

One caveat for readers is that though the really in Duty Free International stock on 31 Au 2017 is impressive, the rally was not accompanied by equally good high volume. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.

Related Posts Plugin for WordPress, Blogger...

Popular Posts

Total Pageviews