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NEWS BITES - CONSUMER DURABLES & APPAREL
Michael Samuel Mark's performance as Chief Executive Officer of Truworths International (J:TRU) is ranked in the top 4% of BuySellSignals performers for the past month; a percentile ranking of 95.9 out of 362 companies listed in South Africa.
Truworths International Limited (J:TRU), South Africa's 5th largest Retailer by market cap, has lifted ZAR10.25 (or 20.9%) in the past month to close at ZAR59.40.
Compared with the FTSE/JSE- Africa Top 40 Index which fell 1,585.3 points (2.6%) in the month, the relative price increase was 22.0%.
In the past month the market cap has jumped by ZAR4.3 billion to ZAR24.8 billion ($1.4 billion).
Reinforcing Bullish Signals
- The present value of ZAR1,000 (PV1000) invested 1 year ago is now worth ZAR1,135 for a capital gain of ZAR70 and dividend reinvested of ZAR64. This corresponds to annualised shareholder returns of 13.5%.
- Rising relative strength: In the South African market, the stock's relative price strength percentile is rising at 57 for 6 months, 87 for 3 months, and 96 for 30 days. A price rise combined with a rising relative strength is a bullish signal.
- Strengthens above MAP: The 200-day Moving Average Price (MAP) is ZAR52.55, up from ZAR52.33 a month ago. A rising MAP over the past month is a bullish signal. The price to MAP ratio is 1.13, up from 0.9 a month ago. A rising P/MAP ratio is another bullish signal.
- Above VWAP: The price is at a premium of 6.2% to the 1-month Volume Weighted Average Price (VWAP) of ZAR55.91, the third consecutive day of price above VWAP.
IN TODAY'S REPORT:
SECTION 1 TRUWORTHS INTERNATIONAL: CORPORATE PROFILE
SECTION 2 TRUWORTHS INTERNATIONAL: BOARD AND MANAGEMENT
SECTION 2 TRUWORTHS INTERNATIONAL: PRICE...