Previous Close | 1.2950 |
Open | 1.2950 |
Bid | 1.3100 x 0 |
Ask | 1.3500 x 0 |
Day's Range | 1.2950 - 1.3350 |
52 Week Range | 1.2400 - 1.8200 |
Volume | |
Avg. Volume | 561,979 |
Market Cap | 501.336M |
Beta (5Y Monthly) | 0.78 |
PE Ratio (TTM) | 44.33 |
EPS (TTM) | 0.0300 |
Earnings Date | Aug 26, 2024 |
Forward Dividend & Yield | 0.04 (3.01%) |
Ex-Dividend Date | Aug 30, 2024 |
1y Target Est | 1.86 |
The Australian stock market recently experienced a downturn, with the ASX200 dropping to a seven-week low, driven largely by declines in the Health Care and Financials sectors. In such volatile conditions, identifying stocks that may be trading below their fair value can present potential opportunities for investors looking to capitalize on market inefficiencies.
The Australian market has remained flat over the last week but is up 20% over the past year, with earnings expected to grow by 12% annually. In this context, identifying high growth tech stocks such as Infomedia and others can be crucial for investors looking to capitalize on sectors poised for expansion amidst steady overall market conditions.