With 0.18M Outstanding Shares, Can Eason Technology Ltd. ADR (AMEX: DXF) Deliver Big Short-Term Gains?

Eason Technology Ltd. ADR (AMEX:DXF) currently has a daily average trading volume of 140.71K but it saw 2933889 shares traded in last market. With a market cap of 1.40M USD, the company’s current market price of $7.80 came rising about 21.50 while comparing to the previous closing price of $6.42. In past 52 weeks, the stock remained buoying in the range of price level as high as $73.75 and as low as $0.14. In the recent trading on the day, stock has struck highest price mark of $6.3 while lowest mark touched by it was $13.0.

Taking a look at 20-day trading activity of Eason Technology Ltd. ADR (DXF) gives us an average price of $7.20, while its current price level is -89.42% below from 52-week high level whereas it is 5572.73% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $12.14 while that of 200 days or SMA-200 reads an average of $13.05. A closer look into the stock’s movement over the week reveals that its volatility is standing at 37.25% during that period while stretching the period over a month that decreases to 21.49%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.52 which implies that the stock is in neutral territory.

Over the week, DXF’s stock price is moving 13.21% up while it is 23.42% when we observe its performance for the past one month. Year-to-date it is 387.50% up and over the past year, the stock is showing a downside performance of -81.46%.

The company is expected to be releasing its next quarterly report on 2012-Aug-13, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Eason Technology Ltd. ADR’s total number of outstanding shares is 0.18M with 0.00% of that held by the insiders while 16.60% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -1172.17% and return on equity (ROE) at -240.23%. Stock’s beta reads 3.05. Stock has a price to book (P/B) ratio of 0.35. Its return on asset (ROA) is -97.73% on average.