Market Insights: 17 Hit New Lows, 19 Others Crash – Mar 10, 2020

Welcome to The MoneyMax Market Insight for this week.

The insights for this week are below.

We’ve made a few additions to the update for this week to capture some of the major changes taking place in the market. It now includes a list of those hitting 52W lows and highs, as this has week has caused us to see as a good number of stocks sinking to levels never before seen.

During the compilation we also realized that a number of stocks (e.g. SCIJMD or VMIL) tanked but didnt quite hit a 52W low and as such could miss our radars. So we’ve created a new section for stocks seeing significant percentage changes, but haven’t hit a new high or low.

Hopefully those changes along with all the other insights help to give a very good picture of the week that just went by.

The report below is for the week ended Friday March 06, 2020.

Popular This Week

Most traded stocks this week – ranked based on number of trades.

Company Close Chg $ Chg % Vol
NCBFG 173.58 -12.15 -6.54% 830.9k
WIG 0.72 -0.12 -14.29% 36.4m
JMMBGL 38.70 -3.57 -8.45% 2.1m
WISYNCO 18.83 -4.13 -17.99% 6.1m
SELECTF 1.00 -0.04 -3.85% 99.4m
VMIL 6.72 -2.03 -23.20% 1.8m

Best Performers For The Week

These are the stocks whose price increased the most over the week.

Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
JMMBGL7.50 0.60 0.75 +0.15 +25.00%
CAC9.50 0.80 0.99 +0.19 +23.75%
SIL 2.91 3.31 +0.40 +13.75%
MDS 5.73 6.32 +0.59 +10.30%
TTECH 4.27 4.70 +0.43 +10.07% 1

Note: Open and Close prices along with the movements are for the week-to-date.

Worst Performers For The Week

These are the stocks that saw their price fall the sharpest for the week.

Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
SILUS 0.03 0.02 -0.01 -33.33%
CFF 14.64 10.15 -4.49 -30.67%
SCIJMD 25.75 18.68 -7.07 -27.46%
INDIES 2.86 2.13 -0.73 -25.52% 3
AFS 32.94 24.82 -8.12 -24.65% 1

Note: Open and Close prices along with the movements are for the week-to-date.

52 Week Lows This Week New

Stocks hitting a new low at least once this week.

Company WTD
Open
WTD
Close
WTD
High
WTD
Low
52W Low Vs
WTD Open
52W Low Vs
WTD Open
# Of
Lows
FIRSTROCKUSD 0.10 0.08 0.10 0.06 -0.04 -40.00% 2
INDIES 2.86 2.13 2.80 2.02 -0.84 -29.37% 3
AFS 32.94 24.82 32.94 23.75 -9.19 -27.90% 1
SGJ 54.97 45.11 55.00 40.00 -14.97 -27.23% 2
FOSRICH 3.95 3.22 3.90 3.00 -0.95 -24.05% 1
ECL 4.86 3.81 5.01 3.75 -1.11 -22.84% 1
BRG 14.00 11.22 15.00 11.00 -3.00 -21.43% 2
KW 54.35 45.51 53.99 43.00 -11.35 -20.88% 1
QWI 0.87 0.77 0.89 0.71 -0.16 -18.39% 2
LUMBER 1.46 1.27 1.50 1.20 -0.26 -17.81% 2
SVL 21.55 19.92 22.35 18.00 -3.55 -16.47% 2
CHL 7.98 7.05 7.98 7.00 -0.98 -12.28% 1
LASF 3.17 3.00 3.25 2.80 -0.37 -11.67% 1
JMMBGL7.00NC 1.99 1.99 2.00 1.80 -0.19 -9.55% 1
TTECH 4.27 4.70 4.70 3.87 -0.40 -9.37% 1
KREMI 3.35 3.10 3.40 3.07 -0.28 -8.36% 1
CAR 8.02 7.44 8.00 7.35 -0.67 -8.35% 2

Note: Open and Close prices along with the movements are for the week-to-date.

52 Week Highs This Week New

Stocks hitting a new high at least once this week.

Company WTD
Open
WTD
Close
WTD
High
WTD
Low
52W High Vs
WTD Open
52W High Vs
WTD Open
# Of
Highs
JMMBGL5.75C 2.06 2.15 2.15 0.00 +0.09 +4.37% 1

Note: Open and Close prices along with the movements are for the week-to-date.

Top Dividend Stocks

The best stocks for dividends. Stocks with the highest yield and payment frequency.

Company Yield $ Amt
Paid
CCY
CAR 8.34% 0.6700 JMD
Proven 4.89% 0.0137 USD
SVL 3.57% 0.7700 JMD
GK 2.11% 1.5500 JMD
NCBFG 2.11% 3.7000 JMD

Based on historical (ordinary) dividends paid over the last 12 months, and the current price. Yield/$ Amt paid does not include special dividends.

Other Top Dividend Stocks

Stocks with good yields but making less frequent payments

Company Yield $ Amt
Paid
How
Often
CCY
1834 7.84% 0.0800 1 JMD
MPCCEL 5.94% 0.0890 1 USD
GENAC 4.60% 0.2839 2 JMD
SML 4.33% 0.2427 2 JMD
SALF 3.59% 1.1500 2 JMD

Look at how often the payment is made and also consider if they have done it in prior years, or did it for special reasons.

Bid-Ask Spreads

Bids > Close Price. Bullish

These stocks are expected to appreciate in price. There is strong demand (smaller spreads) and bid and asks are above the previous close. Bid-ask spreads indicate demand and supply / market liquidity. Bid represents demand and ask supply.

Company Close Bid Ask Spread $ Bid-Ask
Spread %
Bid
Vs Close
Ask
Vs Close
SGJ 45.11 49.02 51.02 2.00 +4.08% +8.62% +13.06%
GK 62.41 66.67 66.81 0.14 +0.21% +5.53% +5.75%
QWI 0.77 0.80 0.83 0.03 +3.75% +3.90% +7.79%
NCBFG 173.58 179.86 182.36 2.50 +1.39% +3.70% +5.14%
WIG 0.72 0.74 0.75 0.01 +1.35% +2.78% +4.17%
FIRSTROCKJMD 10.49 10.75 11.70 0.95 +8.84% +2.48% +11.53%
SEP 44.22 45.05 47.05 2.00 +4.44% +1.76% +6.29%

A small spread exists when a stock is being actively traded and has high volume – this is normally prefered as it allows orders to be filled quickly at the prices we want.

Bids < / = Close Price. Bearish

These stocks have bids (and possibly asks) below the latest close price. These tend to be stocks with low volumes and/or wider spreads. Small or unknown companies frequently exhibit lower trading volume because fewer investors are interested in relatively unknown firms.

Company Close Bid Ask Spread $ Bid-Ask
Spread %
Bid
Vs Close
Ask
Vs Close
JETCON 1.30 0.80 1.30 0.50 +62.50% -38.46% 0.00%
KEY 3.00 2.00 3.00 1.00 +50.00% -33.33% 0.00%
MPCCEL 147.00 100.00 155.00 55.00 +55.00% -31.97% +5.44%
MTL 0.29 0.20 0.25 0.05 +25.00% -31.03% -13.79%
MJE 9.95 8.10 10.00 1.90 +23.46% -18.59% +0.50%
KPREIT 6.05 5.01 5.50 0.49 +9.78% -17.19% -9.09%
LASF 3.00 2.53 3.20 0.67 +26.48% -15.67% +6.67%

Large bid-ask spreads on illiquid shares are also used by market makers to compensate themselves for assuming the risk of holding low-volume securities. A wide spread represents a higher premium for market makers.

Raging Bulls
(Top performers YTD)
Excluding new listings

Stocks with the highest gain in price YTD. Note the number of highs they’ve also hit since the start of the year

Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
PULS 6.00 9.85 +3.85 +64.17% 7
138SL 4.24 6.57 +2.33 +54.95% 4
EPLY7.50 4.60 5.96 +1.36 +29.57% 1
PBS 0.65 0.74 +0.09 +13.85% 2
EPLY 14.10 16.00 +1.90 +13.48%
CAC9.50 0.90 0.99 +0.09 +10.00% 2
KLE 1.75 1.88 +0.13 +7.43%

Note: As stocks start to rise, there can be more and more greed in the stock market. You see more and more people thinking, ‘Oh yeah let’s put money on that stock because it’s going up.’ Watch out for that.

YTD Bears
(Worst performers)
Excluding new listings

Stocks losing the most value since the start of the year. Note the number of lows they’ve hit for the period as well

Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
ECL 6.65 3.66 -2.99 -44.96% 6
LASF 4.34 2.45 -1.89 -43.55% 7
BRG 18.01 10.88 -7.13 -39.59% 4
HONBUN 7.23 4.51 -2.72 -37.62% 1
ISP 31.99 20.00 -11.99 -37.48%
LASM 4.69 2.95 -1.74 -37.10% 1
INDIES 3.33 2.10 -1.23 -36.94% 4

Note: Being ‘bearish’ is a sign of pessimism – thinking a stock is going to lose value. ‘Bearish’ investors, therefore, are likely to sell. In some cases (with research) you can take advantage of fear and greed – buying when there’s fear.

New Listings

Stocks listed this year. Take a look at their price performance and also 52W Highs and Lows.

Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
CABROKERS 1.91 2.49 +0.58 +30.37%
FIRSTROCKJMD 16.67 11.57 -5.10 -30.59% 3
FIRSTROCKUSD 0.12 0.08 -0.04 -33.33% 4

Major One Week Declines New

Stocks seeing a significant decline in price wtd (excluding those hitting new lows). The stocks below experienced their largest percentage fall for a week, since 2019 (but have not yet traded at a 52W low).

Company WTD
Open
WTD
Close
WTD
High
WTD
Low
52W Low Vs
WTD Open
52W Low Vs
WTD Open
# Of
Lows
CCC 70.95 57.60 78.00 55.00 -15.95 -22.48%
EFRESH 0.99 0.82 1.00 0.80 -0.19 -19.19%
FTNA 6.03 4.99 6.60 4.75 -1.28 -21.23%
GENAC 6.51 5.28 6.50 5.25 -1.26 -19.35%
GK 67.95 62.41 68.00 58.00 -9.95 -14.64%
JAMT 6.42 5.25 6.44 5.00 -1.42 -22.12%
JBG 35.93 29.22 36.48 29.00 -6.93 -19.29%
LAB 2.78 2.48 2.90 2.40 -0.38 -13.67%
LASM 4.00 3.04 3.98 3.00 -1.00 -25.00%
MIL 8.23 7.18 8.20 7.02 -1.21 -14.70%
PJAM 100.24 91.28 100.00 90.00 -10.24 -10.22%
PJX 11.00 8.95 9.70 8.95 -2.05 -18.64%
ProvenJA 49.48 38.80 48.99 38.50 -10.98 -22.19%
RJR 1.65 1.26 1.70 1.20 -0.45 -27.27%
SCIJMD 25.75 18.68 25.80 18.00 -7.75 -30.10%
SEP 53.31 44.22 55.00 42.00 -11.31 -21.22%
VMIL 8.75 6.72 9.45 6.25 -2.50 -28.57%
WIG 0.84 0.72 0.90 0.70 -0.14 -16.67%
WISYNCO 22.96 18.83 23.00 18.00 -4.96 -21.60%

Major One Week Advances New

Stocks making a significant advances in price wtd (excluding those hitting new highs). The stocks below experienced their largest percentage increase for a week, since 2019 (but have not yet traded at a 52W high).

Company WTD
Open
WTD
Close
WTD
High
WTD
Low
52W High vs
WTD Open
52W High Vs
WTD Open
# Of
Lows
JMMBGL7.25 1.55 1.70 1.70 1.70 +0.15 +9.68%
JMMBGL7.50 0.60 0.75 0.75 0.60 +0.15 +25.00%
PBS9.75 100.00 105.00 105.00 0.00 +5.00 +5.00%

About The MoneyMax Market Insight – This is a compilation of stats and tips on the market. Each week we will highlight the best performing, trending & top ranked stocks and more – giving our members tips on what has been performing well and what to look forward to.

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