What You Must Know?: Planet Gas Limited (ASX:PGS)

Planet Gas Limited (ASX:PGS) STOCK MOVE:

Planet Gas Limited (ASX:PGS) stock has performed 0% and changed AUD$0 while share value reached at AUD$0.004 in recent trade transaction. At present, the stock 52 week high price sited at 0.007 and 52 week low situated at 0.003. 850000 shares traded on hands while it’s an average volume stands with 137723 shares.

Planet Gas Limited (ASX:PGS) has five years performance of -80% .

VOLATILITY FACTOR:

The Company’s beta coefficient sits at 1.523266. Beta factor measures the amount of market risk associated with market trade. Higher the beta discloses more riskiness and lower the beta lower the risk.

PROFITABILITY RATIOS:

The company’s net profit margin is -179.51%. It measures how much out of every dollar of sales a company actually keeps in earnings. Gross Margin is observed at 92.94% and Operating Margin is seen at -112.00%. Return on Assets (ROA) an indicator of how profitable a company is relative to its total assets is -7.37%.

MARKET CAPITALIZATION AND VALAATION INDICATORS:

Planet Gas Limited (ASX:PGS) is Australia based company. Currently it has a market worth of AUD$1551577.092. Using market capitalization to show the size of a company is important because company size is a basic determinant of various characteristics in which investors are interested, including risk. Forward P/E is a measure of the price-to-earnings ratio using forecasted earnings for the P/E calculation for the next fiscal year. P/S ratio of 5.488095 reflects the value placed on sales by the market.

TECHNICAL OBSERVATION:

Now The company has RSI figure of 0. The Relative Strength Index (RSI) was developed by J. Welles Wilder, and it reading fluctuates between 0 and 100. The RSI is a momentum oscillator that measures the speed and change of stock price movements. Generally, the when RSI falls below 30 then stock considered to be oversold and overbought when it moves above 70. The normal reading of a stock will fall in the range of 30 to 70. RSI can be used to detect general trends as well as finding divergences and failure swings.

ADX value listed at 86.45. The values of ADX range from 0 to 100 and are also important for distinguishing between trends and non-trends. Many traders will use ADX readings above 25 to suggest that the trend’s strength is strong enough for trend trading strategies. Conversely, when ADX is below 25, many will avoid trend trading strategies.

Robert Winter

Robert Winter

Robert Winter studied a business degree majoring in finance and security analysis. He has a deep understanding of both technical and fundamental forms of analysis, he deeply believes that it makes a lot more sense for average investors to understand fundamental analysis, which he believes anyone can learn. Robert Winter has over 10 years of experience as a professional journalist, writer and an editor. He holds a bachelor’s degree in International Business from University of Melbourne. He writes articles about hot stocks, dividend growth investing, options trading, investment decisions, stock selection, portfolio management, and passive income generation. Robert primarily reports on Hot Stocks category. Email Contact: Robert@connectinginvestor.com

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