I like to look at a stock based on its forward pe compared with previous years also........ in this case av.pe over 10 years is 15.1 compared with current pe of 28.1......so even with forcast eps gth of 20% the figures don't look too attractive to me .......
I know little detail about the stock but am aware of how the stock has spiraled over the last 14 months .....
the current price is just inside its 14 month upward trending trading band - just...... but,it has lost 17% from its high and is still moving strongly down .......with the relative pe's so divergent and the current strong downward movement the stock is a potential excellent short ......
although with no debt ADA is in excellent financial health - just over priced ??????
I have no positions currently - just thinking
I like to look at a stock based on its forward pe compared with...
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Last
67.5¢ |
Change
0.005(0.75%) |
Mkt cap ! $51.45M | |||
| Open | High | Low | Value | Volume |
| 67.5¢ | 68.0¢ | 67.5¢ | $6.258K | 9.271K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5743 | 67.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.5¢ | 25658 | 1 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
67.5¢ |
Change
0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 67.5¢ | 67.5¢ | 67.5¢ | 753 | ||
| Last updated 15.30pm 07/05/2024 ? | |||||
| ADA (ASX) Chart |