Previous Close | 3.7700 |
Open | 3.7000 |
Bid | 3.7800 x 200 |
Ask | 3.8200 x 20537200 |
Day's Range | 3.7000 - 3.8100 |
52 Week Range | 1.8000 - 3.8200 |
Volume | |
Avg. Volume | 3,506,497 |
Market Cap | 2.494B |
Beta (5Y Monthly) | 1.04 |
PE Ratio (TTM) | 27.21 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
As of May 2024, the Australian Securities Exchange (ASX) is experiencing a slight downturn, with nearly all sectors showing declines except for materials. This overall market sentiment highlights the importance of cautious investment strategies. In such times, stocks with high insider ownership can be particularly appealing as they often indicate a strong belief by management and major stakeholders in the company's future prospects, which could be crucial in navigating through current market...
As of May 2024, the Australian Securities Exchange (ASX) has shown a robust performance with nearly all sectors closing in the green, signaling a positive momentum across various industries. This backdrop provides an intriguing context for investors interested in growth companies with high insider ownership, as these firms often benefit from aligned interests between management and shareholders, potentially enhancing stability and confidence amidst fluctuating market conditions.
The Australian stock market has shown resilience, with the ASX200 recently surging by 1.7%, outpacing expectations and showcasing growth across most sectors. Amidst this optimistic backdrop, the importance of insider ownership in growth companies cannot be overstated, as it often aligns leadership interests with shareholder goals, potentially stabilizing performance even in fluctuating markets.