Previous close | 1.8850 |
Open | 1.9500 |
Bid | 1.9900 x N/A |
Ask | 1.9950 x N/A |
Day's range | 1.9350 - 2.0500 |
52-week range | 1.8500 - 3.4500 |
Volume | |
Avg. volume | 704,670 |
Market cap | 513.527M |
Beta (5Y monthly) | 1.05 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.0900 |
Earnings date | 26 July 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 3.92 |
Amidst a mixed performance in the Australian market, with the ASX slightly down and most sectors seeing declines, investor focus may benefit from considering growth companies with significant insider ownership. Such firms often demonstrate a commitment to long-term success, which could be particularly appealing in the current environment where strategic stability is valued.
Despite a challenging day on the Australian market, with all sectors experiencing downturns influenced by factors such as low iron ore prices and international economic data, investors continue to seek stable opportunities in growth-oriented companies. High insider ownership can be a reassuring signal for potential stability and commitment from company leadership, particularly in turbulent times like these.
The Australian market has shown robust growth, rising 1.5% in the last week and 7.3% over the past year, with earnings expected to increase by 13% annually. In this context, stocks with high insider ownership can be particularly compelling, as they often signal strong confidence from those who know the company best.