Alert: Negative Investment/Fundamental Signals (5/28/20)-Partner Communications Co Ltd (NASDAQ: PTNR)

out_logo_500#28971.jpg

Recent extremely meaningful negative changes in investment behavior have impacted Partner Communications Co Ltd (NASDAQ: PTNR): the stock’s recent price decline challenged its longer term uptrend, its longer term price trend turned down, and negative upside/downside volume developed.

Partner Communications Co Ltd (NASDAQ: PTNR). Minimal negative changes in fundamentals have recently occurred: significant quarterly earnings deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

out_mm#28971.jpg

Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, PTNR is expected to be Value Creation neutral.

Partner Comm has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Partner Comm has a poor Appreciation Score of 17 but a good Power Rating of 72, and the Low Neutral Value Trend Rating results.

Recent Price Action

Partner Communications Co Ltd (NASDAQ: PTNR) stock increased 1.2% on 5/28/20. The shares closed at $4.08. However, exceptionally low trading volume at 27% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months but has declined -4.9% during the last week.

About John Lafferty 79010 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

Be the first to comment

Leave a Reply

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.