Great results for RMD. Outperforming expectations is being received well by the market.
The rise in profit margins was interesting. Is this more efficiency in its core business or the arrival of its digital solutions strategy ? The digital side of the business will have significantly higher margins.
The company has added over $1.2 Billion to its valuation just today and almost $10b since early this year.
While in a great sector they are trading at around 40x P/E which is questionable tho.
Could it be a take over target given its growth potential?
Great results for RMD. Outperforming expectations is being...
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Last
$34.11 |
Change
0.400(1.19%) |
Mkt cap ! $21.92B | |||
| Open | High | Low | Value | Volume |
| $34.20 | $34.34 | $34.02 | $60.82M | 1.781M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7996 | $34.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.16 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| RMD (ASX) Chart |