Can anyone throw some light on why the share price has run up so much over the past several weeks? Earnings report due next week - 5th August, after the U.S. market closes. I like to see the share price in companies I own go in the right direction, but feel more comfortable when I know the reason for it. Is it purely momentum? The quarterly earnings estimates (for this quarter) generally seem to be somewhere around the $1.25 mark, per share. Which is not a 'shoot the lights' out type of figure!
Share price run up into earnings
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Last
$32.69 |
Change
0.080(0.25%) |
Mkt cap ! $20.85B | |||
| Open | High | Low | Value | Volume |
| $32.70 | $32.87 | $32.46 | $56.99M | 1.747M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8321 | $32.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.70 | 3029 | 1 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$32.70 |
Change
0.080 ( 0.30 %) |
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| Open | High | Low | Volume | ||
| $32.72 | $32.86 | $32.46 | 200107 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| RMD (ASX) Chart |