Looking pretty strong here:
Overseas, Harley Davidson and FOX stock just broke out to new highs on high volume from intermediate bases. Both are actually worth a buy too, IMO:
PROS:
* Growing revenues in pretty much every sector of the business
* Good lead from large overseas stocks in the same sector
* Depreciating USD likely to proffer tailwinds for MTO
* Zero bank debt
* Growing EBITDA
* Favourable macro outlook for OZ (high employment, asset price inflation)
CONS:
* Demand may get too hot and have supply issues going forward
PLAYBOOK:
* Buy some now and buy more on a breakout
* Target price: $5+
Looking pretty strong here: Overseas, Harley Davidson and FOX...
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Last
$3.46 |
Change
-0.140(3.89%) |
Mkt cap ! $253.1M | |||
| Open | High | Low | Value | Volume |
| $3.63 | $3.63 | $3.41 | $165.5K | 47.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2443 | $3.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.48 | 950 | 2 |
View Market Depth
| Last trade - 15.09pm 01/08/2025 (20 minute delay) ? |
| MTO (ASX) Chart |