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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 13% of BuySellSignals performers for the past month; a percentile ranking of 87.4 out of 364 companies listed in South Africa.
Truworths International Limited (J:TRU), South Africa's 5th largest Retailer by market cap, has lifted ZAR5.78 (or 10.9%) in the past month to close at ZAR58.98.
Compared with the FTSE/JSE- Africa Top 40 Index which fell 884.2 points (1.4%) in the month, the relative price increase was 12.2%.
In the past month the market cap has risen by ZAR1.2 billion to ZAR24.6 billion ($1.4 billion).
Reinforcing Bullish Signals
- The present value of ZAR1,000 (PV1000) invested 1 year ago is now worth ZAR1,142 for a capital gain of ZAR77 and dividend reinvested of ZAR65. This corresponds to annualised shareholder returns of 14.2%.
- Rises for a second consecutive month: The stock rose for a second consecutive month on Monday bringing its two-month rise to ZAR9.98 or 20.4%.
- Continues significant uptrend: The stock rose 11.7% in the past quarter.
- Rising relative strength: In the South African market, the stock's relative price strength percentile is rising at 67 for 6 months, 82 for 3 months, and 87 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 ZAR52.74, up from ZAR52.25 a month ago. A rising MAP over the past month is a bullish signal. The price to MAP ratio is 1.12, up from 1.1 a month ago. A rising P/MAP ratio is another bullish signal.
- Above VWAP: The price is at a premium of 1.6% to the 1-month Volume Weighted Average Price (VWAP) of ZAR58.04.