One way to look at Motorcycle Holding : it has been almost flat since October 20 and since the beginning of the year, as the market was wondering if the rebound of their sales/market would continue once the company has a higher basis of comparison (Q4 FY 21 for them).
If their good sales trend continues, there is no reason why the stock can't benefit from another re-rating.
I still do not get why MTO is not treated like the auto related stocks (which have well performed since the beginning of 2021). Perhaps only due to the size of MTO market cap.
One way to look at Motorcycle Holding : it has been almost flat...
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Last
$1.00 |
Change
-0.025(2.44%) |
Mkt cap ! $73.80M | |||
| Open | High | Low | Value | Volume |
| $1.02 | $1.04 | 99.5¢ | $264.1K | 262.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 85050 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.04 | 4554 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MTO (ASX) Chart |