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.
|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|
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.