Dunxin Financial Holdings Limited (NYSE:DXF) concluded the trading on Thursday, Oct 15, with a rise of 29.5% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $1 and 5Y monthly beta was reading 0 with its price kept floating in the range of $0.9501 and $1.4400 on the day. Company’s P/E ratio for the trailing 12 months is 3.08. Considering stock’s 52-week price range provides that DXF hit a high price of $1.81 and saw its price falling to a low level of $0.37 during that period. Over a period of past 1-month, stock came adding 67.05% in its value.
In contrast, when we review DXF stock’s current outlook then short term indicators are assigning it an average of 100% Buy, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 50% Buy for it.
According to ratings assigned by 1 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; none of them are recommending Dunxin Financial Holdings Limited (DXF) as a Hold, while 1 are in view that stock is a Buy. Recommendation by None analysts for the stock is an Outperform while number of those analysts who rated the stock as Underperform is none, whereas none of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Buy and that encourages the investors to exploit the opportunity and build their stake up in the company.
Digging deeper we become aware of the PEG ratio of the DXF stock which is currently positioned at 0. It further provides that stock’s current price level is 59.27% away from its 20-day simple moving average and is 69.87% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 71.93 while volatility remained at 27.59% over the past week which changes to 18.24% when measuring it over the past month. Beta is valued at 0, while measure of average true range or ATR is currently at 0.16. In predicting price targets of as low as $24.84 and as high as $24.84, analysts are in agreement on assigning the stock over the next 12 months average price target of $24.84. Stock’s current price level is 1825.58% above from estimated low price target while it is 1825.58% below the estimated high; and even if the DXF’s share succeeded to reach the median price of $24.84, then the outlook of +1825.58% could come to the excitement of the investors.
In comparing Dunxin Financial Holdings Limited (DXF)’s stock with other industry players reveals that stock’s latest price change of +29.5% and that of -20.06% over the past 12 months is in competing position with that of Capital One Financial Corp (COF) which saw its stock price fell by -0.14% in the recent trading and went through a decline of -12.66% in past 12-month trading. Industry’s another major player Discover Financial Services (DFS) has jumped 0.4% up in latest trading session, but over the past year has faced a fall of -17.78%, while Ally Financial (ALLY) is also up 29.5% however its price remained floating in the red at -20.06% over the same period. Dunxin Financial Holdings Limited has a P/E ratio of 3.08 against that of Capital One Financial Corp’s 0 while Discover Financial Services is showing 20.37 for the same. On the other hand, the S&P 500 Index was down -0.15% in the early deals while the Dow Jones Industrial was dealing lower at -0.07%.
Having a second look at Dunxin Financial Holdings Limited (NYSE:DXF) provides that stock’s average daily trading volume for 3 months was 163.2 Million, while it jumped to 700Million when we calculate an average volume for past 10 days. Number of outstanding shares of the stock currently stood at 20.86 Million.