Previous close | 9.54 |
Open | 9.54 |
Bid | 9.60 x 0 |
Ask | 9.70 x 0 |
Day's range | 9.47 - 9.71 |
52-week range | 5.09 - 13.30 |
Volume | |
Avg. volume | 319,927 |
Market cap | 1.151B |
Beta (5Y monthly) | 1.90 |
PE ratio (TTM) | 138.57 |
EPS (TTM) | 0.07 |
Earnings date | 13 Aug 2024 - 19 Aug 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 11.16 |
In recent times, the Australian market has experienced a slight downturn with a 1.2% drop over the last week, though it maintains a robust annual growth of 7.8%, with earnings expected to grow by 13% annually. In this context, stocks with high insider ownership can be particularly appealing as they often indicate that those who know the company best are confident in its future prospects and committed to driving long-term value.
Amidst a backdrop of global market volatility, with the ASX200 experiencing a downturn influenced by international indices and major earnings reports, investors are navigating uncertain waters. In such an environment, growth companies with high insider ownership can offer a compelling narrative, as aligned interests between shareholders and management often underscore resilience and potential for robust growth.
Over the last 7 days, the Australian market has remained flat, though it has seen an uplift of 8.4% over the past year with earnings expected to grow by 13% annually. In this context, growth companies with high insider ownership can be particularly compelling, as they often signal strong confidence in the company's future from those who know it best.