Previous close | 5.03 |
Open | 5.09 |
Bid | 5.01 x N/A |
Ask | 5.05 x N/A |
Day's range | 5.00 - 5.09 |
52-week range | 4.76 - 7.20 |
Volume | |
Avg. volume | 506,100 |
Market cap | 1.352B |
Beta (5Y monthly) | 1.17 |
PE ratio (TTM) | 41.75 |
EPS (TTM) | 0.12 |
Earnings date | 27 Aug 2024 - 01 Sept 2024 |
Forward dividend & yield | 0.16 (3.19%) |
Ex-dividend date | 20 Mar 2024 |
1y target est | 7.08 |
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.
In the past year, the Australian market has shown a robust performance with a 9.1% increase, alongside an unchanged status over the last week and expectations of earnings growth at an annual rate of 14%. In this context, identifying undervalued small caps like Elders that show promising insider actions can offer intriguing opportunities for investors looking to potentially benefit from market dynamics.
Despite a flat performance over the last week, the Australian market has shown robust growth, up 9.8% over the past year with earnings expected to grow by 13% annually. In this context, identifying undervalued small-cap stocks with insider buying can be a promising approach for investors seeking opportunities in a growing market.