DOW 0.87% $5.71 downer edi limited

found this guys ... Thought it may be of benefit......DJ MARKET...

  1. 1,716 Posts.
    found this guys ... Thought it may be of benefit......

    DJ MARKET TALK: Downer Down 3.8%; Near Buy Territory - Traders

    0429 GMT [Dow Jones] Downer (DOW.AU) down 3.8% at A$7.05 after extending recent slide from Jan. 12 peak of A$9.44 to 7-month low of A$6.95. Downer has been subject to some
    sustained selling from U.S. and domestic funds, which were disappointed by 1H profit on Feb. 25. But with the stock getting back to a 12x forward PE, it's close to a buy, according to some traders. According to Thomson One Analytics, most analysts rate Downer a Buy, with a median price target of A$9.50. On the charts, Downer could bottom near A$7.00 and test resistance near A$7.80 in the next week or two, according to Dow Jones Newswires technical analysis. Steep downtrend line currently offers initial resistance
    near A$7.47. ([email protected])
 
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Last
$5.71
Change
-0.050(0.87%)
Mkt cap ! $3.626B
Open High Low Value Volume
$5.82 $5.85 $5.71 $3.075M 533.9K

Buyers (Bids)

No. Vol. Price($)
5 23129 $5.71
 

Sellers (Offers)

Price($) Vol. No.
$5.76 1925 2
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
DOW (ASX) Chart
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