Previous close | 1.6500 |
Open | 1.6600 |
Bid | 1.5550 x N/A |
Ask | 1.5800 x N/A |
Day's range | 1.5520 - 1.7100 |
52-week range | 1.0100 - 4.9000 |
Volume | |
Avg. volume | 5,232,608 |
Market cap | 602.356M |
Beta (5Y monthly) | 3.13 |
PE ratio (TTM) | 52.67 |
EPS (TTM) | 0.0300 |
Earnings date | 28 Aug 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 3.12 |
Over the last 7 days, the Australian market has dropped 1.3%. In contrast to the last week, the market is up 11% over the past year, with earnings expected to grow by 12% per annum over the next few years. In this context, identifying growth companies with high insider ownership can be particularly valuable as it often indicates confidence in long-term prospects and alignment of interests between management and shareholders.
The Australian market has been experiencing a dip, with the ASX200 expected to fall by 1.3% following weak sessions in the US and concerning jobs data pointing to an economic slowdown. Amid these uncertain times, investors often look for growth companies with high insider ownership, as this can be a sign of strong internal confidence and potential resilience in challenging market conditions.
The Australian market has shown mixed performance recently, with the ASX200 closing up 0.39% at 8,013 points, driven by a rally in bank stocks while energy and mining sectors faced challenges due to falling commodity prices. In this fluctuating environment, investors often seek growth companies with significant insider ownership as these can indicate strong confidence from those closest to the business.