Insights: Axtec Ltd (ASX:AXI)

Price Chart

Market Statistics

Open$0.023

Previous Close$0.023

Day High$0.024

Day Low$0.023

52 Week High$0.058

52 Week Low$0.010

Valuation

Market Cap12.07M

Shares Outstanding524.61M

Price to Book1.02

Trading Activity

Volume494.19K

Value Traded11.52K

Bid$0.023 × 287,290

Ask$0.024 × 211,264

Performance

1 Day17.65%

5 Day17.65%

13 Week53.85%

52 Week-33.33%

YTD53.85%

Technical Indicators

RSI (14)68.38

50-Day SMA$0.014

That’s the ticket: snaring a prime parking spot ahead of the post-pandemic motoring revival

As the pandemic lockdowns grind on, investing in the car parking sector looks a decidedly dead-end option given the expanses of vacant lots across the affected regions. The situation is unlikely to change until Sydney and Melbourne office workers – who account for 80% of usage – are allowed to return to their cubicles. “The […]

5 min read

Tim Boreham

AXTEC ORD

That’s the ticket: snaring a prime parking spot ahead of the post-pandemic motoring revival