Previous close | 2.3700 |
Open | 2.3500 |
Bid | 2.2900 x N/A |
Ask | 2.3700 x N/A |
Day's range | 2.2900 - 2.3600 |
52-week range | 2.0700 - 2.7500 |
Volume | |
Avg. volume | 75,829 |
Market cap | 703.976M |
Beta (5Y monthly) | 0.18 |
PE ratio (TTM) | 29.50 |
EPS (TTM) | 0.0800 |
Earnings date | N/A |
Forward dividend & yield | 0.08 (3.28%) |
Ex-dividend date | 07 Mar 2024 |
1y target est | 3.20 |
Despite a challenging day on the Australian market, with all sectors experiencing downturns influenced by factors such as low iron ore prices and international economic data, investors continue to seek stable opportunities in growth-oriented companies. High insider ownership can be a reassuring signal for potential stability and commitment from company leadership, particularly in turbulent times like these.
The Australian market has shown robust performance, increasing by 1.5% over the last week and achieving a 7.3% rise over the past 12 months, with earnings expected to grow by 13% annually. In this context, stocks of growth companies with high insider ownership may offer appealing opportunities, particularly when they also demonstrate significant earnings growth.