Small caps are being hit very hard lately.
Pretty much on par with the GFC and Covid crash if you look at PE ratio of indices like the S&P600 small cap index.
People are very worried about the recent massive rises in interest rates and how bad the recession will be in 2024.
So I would agree that it is probably the macro picture that is causing the downturn in this stock.
Small caps are being hit very hard lately.Pretty much on par...
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Last
66.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $115.2M | |||
| Open | High | Low | Value | Volume |
| 66.5¢ | 66.5¢ | 66.0¢ | $1.885K | 2.856K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 56773 | 66.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.0¢ | 6331 | 1 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
66.0¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 66.0¢ | 66.0¢ | 66.0¢ | 2836 | ||
| Last updated 10.35am 07/05/2024 ? | |||||
| PLT (ASX) Chart |