Previous close | 53.35 |
Open | 53.35 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 52.53 - 53.35 |
52-week range | 34.86 - 53.35 |
Volume | |
Avg. volume | 1,106 |
Market cap | 10.357B |
Beta (5Y monthly) | 1.28 |
PE ratio (TTM) | 40.86 |
EPS (TTM) | 1.29 |
Earnings date | N/A |
Forward dividend & yield | 0.58 (1.09%) |
Ex-dividend date | 01 Mar 2024 |
1y target est | N/A |
Amidst a mixed performance in the Australian market, with sectors like IT and materials showing gains while communications and healthcare face declines, investors continue to navigate through these varied sectoral movements. In this context, understanding the importance of high insider ownership can offer valuable insights into growth companies on the ASX, potentially providing a layer of investor confidence during uncertain times.
As the Australian market navigates a period of subtle shifts, highlighted by discussions at the recent Australian Energy Producers conference and mixed sector performances, investors continue to monitor closely. In such a landscape, growth companies with high insider ownership in Australia stand out as potentially resilient choices due to their alignment of management and shareholder interests amidst evolving economic conditions.
In recent trading sessions, the Australian market has shown a mix of outcomes, with the ASX200 experiencing an uptick of 0.63%, driven primarily by strong performances in the energy and materials sectors. Amidst these market movements, stocks with high insider ownership like Emerald Resources have attracted attention for their potential resilience and alignment of interests between shareholders and management teams.