3 Stocks Up On ASX – BTH, MEY, XPD

3 Stocks Up On ASX - BTH, MEY, XPD

The below-mentioned stocks have experienced a significant increase in their share prices today (i.e., 2 April 2019). Let’s take a closer look at the recent updates of these stocks-

Bigtincan Holdings Limited (ASX: BTH)

Leading provider of Sales Enablement Automation software, Bigtincan Holdings Limited (ASX: BTH) has witnessed an improvement of 16.304% in its share price today.

Sponsored ad by Kalkine

At the release of its 1H FY19 results, the company had provided guidance for the full year FY19 which was on track for year on year (YoY) revenue growth of 35-40%. However, today the company announced that it is expecting YoY revenue growth for FY19 to be in excess of 40%.

Recently the company also announced the launch of the industry’s first sales enablement platform for Adobe at the 2019 Adobe Summit.

On the stock performance front, the share price of the company increased by 39.39% in the past six months. At the time of writing, i.e., on 2nd April 2019, the stock of the company was trading at a price of A$0.535, up by 16.304%% during the day’s trade with the market capitalisation of ~A$102.25 Mn.

Marenica Energy Ltd (ASX: MEY)

Australian listed exploration company, Marenica Energy Ltd’s (ASX: MEY) shares were up by 25% today.

The company recently announced that it has been granted exclusive prospecting licence 6987 in Namibia which is an exciting and strategic development for the Company. This license covers part of the eastern extension of the Tumas palaeochannel and it is the first of the company’s EPL applications which is granted in the greater Namib Project region.

For the half year ended 31 December 2019, the company reported a loss of $648,458.

On the stock performance front, the share price of the company increased by 5.26% in the past six months. At the time of writing, i.e., on 2nd April 2019, the stock of the company was trading at a price of A$0.125, up by 25%% during the day’s trade with the market capitalisation of ~A$7.32 Mn.

XPD Soccer Gear Group Limited (ASX: XPD)

XPD Soccer Gear Group Limited (ASX: XPD) is involved in designing, developing, manufacturing, distributing and marketing sportswear with a focus on soccer boots under the “XPD” brand. Although the company has not released any price sensitive information today, the share prices of the company were up by 25% in the intraday trade.

The company has recently released its Annual report for FY 2018 in which it has reported a growth of 14.5% in its Net profit after income tax which reached to $9.7 million. However, the company’s sales revenue by 22.4% to $89.5 million as compared to the previous corresponding period, driven by lower pricing and competition for sales in the soccer wear market in China.

On the stock performance front, the share price of the company decreased by 56.76% in the past six months. At the time of writing, i.e., on 2nd April 2019, the stock of the company was trading at a price of A$0.020, up by 25%% during the day’s trade with the market capitalisation of ~A$7.01 Mn.


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.

Facebook Comments
Join Our Forum

We help you to connect with investors and people connected with the stock market.


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

LEAVE A REPLY

Please enter your comment!
Please enter your name here