国际股市

【319股市】 IHH Healthcare shares up most in six weeks; trading volume surges

大象配资官方网站 – 319th[.]com

(Aug 4): IHH Healthcare Bhd’s share price rose 2.2%. Trading volume was 113 times the average for this time of day.

IHH’s share price increased to RM6.56, higher than any close since May 31, from RM6.42.

The stock was the best performer among its peers.

The FBM KLCI rose less than 0.1%, while the MSCI AC Asia Pacific Index gained 0.4%.

Market metrics

IHH’s trading volume was 26,400 shares, 113 times the 20-day average of 234 shares for this time of day.

Of shares that were traded, 56% were at the ask price and 44% were at the bid.

Market insights

IHH’s share price advanced 11% in the past 52 weeks. The KLCI lost 0.6%.

The share price of IHH climbed 2.7% in the past five days and rose 2% in the past 30 days.

IHH trades at 35 times its estimated earnings per share (EPS) for the coming year and at 30 times trailing EPS.

The company is priced at 2.6 times book value.

IHH’s dividend yield is 0.9% on a trailing 12-month basis and 0.9% based on Bloomberg Dividend Forecasts for the next 12 months.

Analyst activity

Analysts have 16 “buy”, three “hold”, and one “sell” recommendations on the stock.

The consensus rating is 4.4, on a 1-5 scale with 1 meaning strong sell and 5 meaning strong buy.

The price target of RM7.49 for IHH shares represents a 14% increase from the last price.