3 ASX 200 Stocks Under The Limelight – EHL, AOG And ORA

3 ASX 200 Stocks Under The Limelight - EHL, AOG And ORA

Emeco Holdings Limited (ASX: EHL)

By the end of the trading on 30 November 2018, the market price of EHL went down by 1.521%. With the market open, the stock price of EHL was A$2.660. It went as high as A$2.780. The lowest price recorded for the day was A$2.550. The last price of the share was A$2.590 with the stock reported a market capitalization of A$850.05 million.

Company performance is responsible for the share price to go down.  The industrial sector as a whole is impacted globally. As per S&P/ASX 200 Industrials (Sector), there is a fall in the index by 1.24%. [optin-monster-shortcode id=”swikrbu1d9j9aq0o4cko”]

This stock came into limelight on 29 November 2018. This share has gone up by 3.5% as a result of share consolidation in the ratio of 10:1 as well as outstanding performance in FY2018.

Since its inception, the performance of the company is -59.43%. The one year and five years performance of the company remains positive. In 5 years, the performance of the company is 35.41%. Since last year, the performance of the company is 6.50%

Aveo Group (ASX: AOG)

By the end of the trading on 30 November 2018, the share price of AOG increased by 4.294% which is equivalent to 0.007 points. With the market open, the market price of the share is A$1.625. It went as high as A$1.705. The lowest price recorded for the day was A$1.592. The last price of the share was A$1.700 with the stock reported a market capitalization of A$580.84 million.

One of the reasons for an increase in the share price was due to the recent strategic review update. According to this update, AOG and Merrill Lynch have united to encourage inquiries from the investors who want to enter into the transaction with the Aveo group either as a whole or through partnership at the asset level. The company had an approval from the Independent board of committee to release Information Memorandum followed by the opening of phase 1 data room.

Also, as per the chart, the trend represents the upward trend of the share price.

Orora Limited (ASX: ORA)

By the end of the trading on 30 November 2018, the share price of ORA has increased by 0.307% which is equivalent to 0.010 points. With the market open, the market price of the share is A$3.350. It went as high as A$3.470. The lowest price recorded for the day was A$3.260. The last price of the share was A$3.270 with the stock reported a market capitalization of A$3.93 billion.

One of the reasons which made the share price go high was due to the recent update regarding the acquisition of Pollock Packaging which has created a positive impact on the investors. The stock being mid-cap, which has gone up, might also have attracted investors in expectation of a better return.

The company has given a positive performance since inception. The performance of the company since its inception is 167.21%. However, after the announcement of the recent acquisition, the performance of the company is 3.49%.


Disclaimer

This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.

Join Our Discussion

Start discussion with value Investors for ASX Stock Market Investment and Opinion.


6 Cannabis Stocks under Investor’s Limelight…

Cannabis companies that sell both medicinal weed and recreational pot. Marijuana stocks to look at. Marijuana mergers and acquisitions. Dispensary data analytics. Upcoming marijuana IPO’s Those phrases have become increasingly common as marijuana legalization spreads.

Global spending on legal cannabis is expected to grow 230% to $32 billion in 2020 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics. As of June 29, 2018 the United States Marijuana Index, despite a lot of uncertainty around regulations, has over the past 1 year gained 71.49%, as compared to about 12% gain seen by the S&P 500.

Click here for your FREE Report