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Welcome to The MoneyMax Market Insight for this week.
The insights for the week ending Fri Jan 15, 2021 are below.
EPLY saw a significant 26% drop in its price this week. The stock first fell 17% on Weds and another 30% on Thurs (when huge volumes were traded), before finally recovering, by advancing 26% on Friday.
However, this 26% drop in price may not last for long, as based on the current orders, buyers are bidding as much as 7% more than the $20 close price ($22.06), while sellers are asking asking for at least 8% more, $22.45. What do you think? Will it recover?
Popular This Week
Most traded stocks this week – ranked based on number of trades.
| Company | Rank | Movement | Close | Vol |
|---|---|---|---|---|
| Mailpac Group Ltd | 1 | Advanced | 3.74 | 5.2m |
| Derrimon Trading Company Ltd | 2 | Advanced | 2.38 | 29.6m |
| Jamaican Teas Ltd | 3 | Advanced | 2.37 | 5.7m |
| NCB Financial Group Ltd | 4 | Declined | 138.91 | 87.7k |
| Wigton Windfarm Ltd | 5 | Declined | 0.74 | 9.6m |
| Wisynco Group Ltd | 6 | Declined | 16.22 | 222.1k |
| QWI Investments Ltd | 7 | Advanced | 0.81 | 9.4m |
| Jamaica Money Market Brokers Group Ltd | 8 | Declined | 32.69 | 273.7k |
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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.
