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
$31.95 |
Change
0.170(0.53%) |
Mkt cap ! $20.28B | |||
| Open | High | Low | Value | Volume |
| $31.78 | $31.95 | $31.72 | $23.42M | 734.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 601 | $31.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.96 | 31160 | 3 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$31.92 |
Change
0.170 ( 0.61 %) |
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| Open | High | Low | Volume | ||
| $31.77 | $31.95 | $31.72 | 189067 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| RMD (ASX) Chart |