Current Price Status
Stock is in Momentum
Stock is currently overvalued by the market with the expectation of annual earning growth at 253.23% to match current price.
Overvalued stock can be traded very volatile. If the earning growth momentum continue, overvalued stock can match into fair value, on the flip side, the downside risk can be huge if the stock is not meeting the market expectation.
Company is not in Profit
- PTB current price is 150% above OneDelta estimated fair value.
The fair value is estimated via OneDelta proprietary model that updated daily basis based on stock fundamental and specific industry relative marco outlook. It can be assessed as stock potential upside range or the stock true value price in case of downside.
Relative Price Performance
OutperformedPTB past 5-day return perform better than Industrial Specialties industry average return by 20.95%
Above 30-Day AverageCurrent price RM0.2 is above than 30-day average RM0.18 by 11.1%
|Return (%)||PTB||Industrial Specialties|
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
Potential Better Revenue Growth
PTB posted a better revenue growth than average in the recent quarter.
Continued Losing Money
PTB has been losing money in the 5 of the past 5 quarters.
Past Quarter Reports
|Quarter Date||Revenue (RM)||(%)||EPS (RM)||(%)|
Volume Trend Analysis
Recent Volume is Decreasing
Decreasing trading volume tends to keep stock price range bound in near term.
PTB recent daily traded volume is 0% lower than past month average.
|Past 30-Day||Past 5-Day|
|108k daily||108k daily|
Price History Chart
Past 30-day Average Price: RM0.18
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
Stocks that has more than two consecutive money-losing quarters
Stock Thematic Baskets
Usually the more the stock is included in popular themes, the more opportunity for price-driven momentum and better liquidity.
Stock Company Profile
PLASTRADE TECHNOLOGY BHD
Plastrade Technology Bhd. is an investment holding company, which through its subsidiaries, manufactures polyethylene compound for wire and cable insulation and jacketing. It operates through the following segments: Resin Compound for Wires and Cables; Resin Compound for Other Industries; and Others. The Resin Compound for Wires and Cables segment involves the manufacture of polyethylene compound for wire and cable insulation and jacketing. The Resin Compound for Other Industries segment includes the compounding of plastic master batches, polymer additives, plastic compounds, and composites. The others segment deals with management services. The company was founded on August 29, 2002 and is headquartered in Kuala Lumpur, Malaysia.