MDC Partner's (MDCA) is a communications company coming off a deficit in a big way. The stock is up 159.08% in the past year and shows no sign of slowing.
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The Chart of the Day is MDC Partners (MDCA). The stock advanced in 17 of the last 20 sessions and rose 31.89% in the last month. The stock was near the top of the New High List when I sorted for frequency.
It is a marketing communications firm providing marketing communication and consulting services throughout the United States, Canada, and the United Kingdom. Its services includes advertising and media, interactive marketing, direct marketing, public relations, corporate communications, market research, corporate identity and branding, and sales promotion. The Company also provides mobile marketing, and database and customer relationship management services.
Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
Barchart technical indicators:
- 100% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 30 and 100 day moving averages
- 17 new highs and up 31.89% in the last month
- Relative Strength Index 87.24%
- Barchart computes a technical support level at 23.65
- Recently traded at 24.63 with a 50 day moving average of 19.25
Fundamental factors:
- Market Cap $784.47 million
- P/E - coming off deficit
- Dividend yield 2.33%
- Revenue predicted to grow 8.60% this year and another 6.70% next year
- Earnings estimated to increase 75.00% this year, an additional 238.50% next year and continue to increase by 6.00% annually for the next 5 years
Since the stock has risen for fast watch the moving averages and be prepared to exit if the stock drops below the 50 day moving average.
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