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Aztech Global (8AZ): Expectations of Price Markup

 


Aztech Global (8AZ): 
Expectations of Price Markup

Aztech Global specializes in designing and manufacturing IoT devices, data communication products, and niche LED products. The company reported a 19% increase in net profit in 1Q, with analysts suggesting product demand momentum could continue. P/E ratio stands at 7.52x with a dividend yield of 8.25%.

The price has stabilized around the S$0.95 zone, showing minimal technical supply. This stability could pave the way for further markup towards S$1.08 and S$1.15. Technical stop is advisable below S$0.925.

Please note that stock's trading is less active.

Disclaimers apply.

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