Stock to Follow: China Vanadium Titano-Magnetite Mining Company Limited (HKSE:893)
Date: Nov 19, 2018
China Vanadium Titano-Magnetite Mining Company Limited (HKSE:893) PERFORMANCE ANALYSIS IN FOCUS:
China Vanadium Titano-Magnetite Mining Company Limited (HKSE:893) has performed 4.411765% around last month and performed 121.875% over the last quarter. The stock showed return of -69.915254% over five years and registered weekly return of 1.428571%. The stock has been watched at 26.785714% return throughout last twelve months.
Tracking last 52 weeks, the stock 52 week high price observed at HKD$ 0.47 and 52 week low seen at HKD$ 0.142. The 50 SMA is HKD$ 0.362813 and 200 SMA is HKD$ 0.241407. Moving averages can be used as support or resistance when a trader looks for a possible entry or exit in the market. This can also be said in the following way. In case the price makes a contact with the moving average on the price chart, the trader, examining closely this chart, will enter either into a long, or into a short position. Actually, this works in the same way as horizontal support or resistance lines. Moving averages are known as dynamic support and resistance, simply because they tend to change with prices.
China Vanadium Titano-Magnetite Mining Company Limited (HKSE:893) stock has changed HKD$ 0.015 and moved 4.41176% whereas stock price touched at HKD$ 0.355 in Friday trading session. 2293000 shares exchanged at hands while it’s an average volume stands with 14448603 shares. The company recorded relative volume of 0.16. Volume indicators are popular tools among traders because they can help confirm whether other investors agree with your perspective on a security. Traders generally watch for the volume to increase as an identified trend gains momentum. Large spikes suggest that the stock has garnered much attention from the trading community and that the shares are under either accumulation or distribution. A sudden decrease in volume can suggest that traders are losing interest and that a reversal may be on its way.
Analysts also expected that stock to achieve share value at HKD$ 1.7 in coming one year period. EBITDA is HKD$ -1129066.1536. EBITDA is a company’s earnings before interest, taxes, depreciation, and amortization and is an accounting measure calculated using a company’s net earnings, before interest expenses, taxes, depreciation and amortization are subtracted, as a proxy for a company’s current operating profitability.
