It has fallen 48% since September highs of $42ish as the Nasdaq and XIJ (Aus tech index) has increased 15%. It is one of few waaax and tech stocks that actually earn a profit. It is on a fy21 forward PE of 45x and a P/S of 4.5x with 20% revenue 30ish% earnings growth over the next 2 years. It is in an extremely high growth industry (AI) of 41% industry wide growth for the next 5 years. It is the market leader in a niche AI space with strong customers (apple, amazon, google, adobe etc etc) who are performing well and somewhat rely on doing business with them. Average broker price target is $31.82 (out of 5 brokers). The 15% earnings downgrade which should be a one time event should not equate to a 48% drop in SP (especially when the tech industry is booming like this).
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Last
46.0¢ |
Change
0.005(1.10%) |
Mkt cap ! $102.5M |
Open | High | Low | Value | Volume |
45.5¢ | 46.0¢ | 45.5¢ | $121.9K | 266.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 104525 | 45.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.0¢ | 14999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.465 |
3 | 8270 | 0.460 |
7 | 50188 | 0.455 |
23 | 194538 | 0.450 |
2 | 10000 | 0.445 |
Price($) | Vol. | No. |
---|---|---|
0.460 | 14999 | 1 |
0.465 | 82940 | 4 |
0.470 | 25500 | 3 |
0.475 | 120697 | 8 |
0.480 | 72559 | 6 |
Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
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