Can anyone throw some light on why the share price has run up so much over the past several weeks? Earnings report due next week - 5th August, after the U.S. market closes. I like to see the share price in companies I own go in the right direction, but feel more comfortable when I know the reason for it. Is it purely momentum? The quarterly earnings estimates (for this quarter) generally seem to be somewhere around the $1.25 mark, per share. Which is not a 'shoot the lights' out type of figure!
Share price run up into earnings
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Last
$31.40 |
Change
0.240(0.77%) |
Mkt cap ! $20.03B | |||
| Open | High | Low | Value | Volume |
| $31.51 | $31.61 | $31.30 | $70.86M | 2.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1885 | $31.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.41 | 6890 | 1 |
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| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
$31.32 |
Change
0.240 ( 0.57 %) |
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| Open | High | Low | Volume | ||
| $31.53 | $31.59 | $31.31 | 143851 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| RMD (ASX) Chart |