Current Price Status
Stock is in Momentum
Stock is currently overvalued by the market with the expectation of annual earning growth at 45.08% 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 in Positive Earning
- REDTONE current price is 13.1% 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
UnderperformedREDTONE past 5-day return lagged behind the Telecommunications industry average return by 1.94%
Above 30-Day AverageCurrent price RM0.475 is above than 30-day average RM0.42 by 13.1%
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
Cyclical Revenue Growth
REDTONE recorded various revenue growth in different quarters with no clear growth direction.
Unstable Profit Growth
REDTONE has been experiencing substantial ups and downs on profit growth.
Past Quarter Reports
|Quarter Date||Revenue (RM)||(%)||EPS (RM)||(%)|
Volume Trend Analysis
Recent Volume is Increasing
Surge in trading volume tends to bring more price volatility in near term.
REDTONE recent daily traded volume is 3.92% higher than past month average.
|Past 30-Day||Past 5-Day|
|51k daily||53k daily|
Price History Chart
Past 30-day Average Price: RM0.42
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
Stock Company Profile
REDTONE INTERNATIONAL BHD
REDtone International Bhd. is an investment holding company which engages in the provision of management services. It operates through the following segments: Telecommunications Services, Managed Telecommunications Network Services, and Industry Digital Services. The company was founded in 1996 and is headquartered in Puchong, Malaysia.