The biotech index has been way oversold compared to the main indices which is normal in this macro environment as the market tends to favour more dividend stocks. As this unwinds the quality biotech stocks like RAC will rise (helped by the positive news) in the leaderboard as more confidence returns.
Amazing selected bargains abound in this sector presently imo.
The biotech index has been way oversold compared to the main...
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Last
$1.55 |
Change
-0.070(4.32%) |
Mkt cap ! $264.0M | |||
| Open | High | Low | Value | Volume |
| $1.62 | $1.65 | $1.54 | $145.6K | 91.60K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5700 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 296 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |