Previous close | 5.52 |
Open | 5.52 |
Bid | 5.42 x N/A |
Ask | 5.47 x N/A |
Day's range | 5.43 - 5.54 |
52-week range | 4.40 - 8.72 |
Volume | |
Avg. volume | 153,254 |
Market cap | 629.072M |
Beta (5Y monthly) | 1.02 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.01 |
Earnings date | 26 Aug 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 7.38 |
The Australian market has shown positive momentum, rising 1.1% over the last week and 11% over the past year, with the Materials sector leading at a 3.2% increase. In this favorable environment, growth companies with significant insider ownership can be particularly compelling as they often indicate strong internal confidence in future performance.
The ASX200 is set to start the week with a rally, adding about half a percent after Federal Reserve chief Jerome Powell confirmed there’d be interest rate cuts and the threat of war in the Middle East subsided. With US markets responding positively to this news, Australian investors are keenly watching growth companies with high insider ownership as potential opportunities. In such an environment, stocks that demonstrate strong growth potential and significant insider ownership can be...
As the ASX200 shows signs of recovery, buoyed by positive developments in global and domestic markets, investors are keenly observing trends that could indicate sustainable growth. In this context, growth companies with high insider ownership present a compelling narrative, as they often signal strong confidence from those closest to the company's operations and future prospects.