Will These Stocks Retain Their Upward Trend - APT, BUB And KGN?

  • Apr 30, 2019 AEST
  • Team Kalkine
Will These Stocks Retain Their Upward Trend - APT, BUB And KGN?

In the last six months, the below mentioned stocks have witnessed significant improvement in their share price, creating an upward trend. If these stocks retain their upward trend, they could provide higher returns to their shareholders.

Afterpay Touch Group (ASX: APT)

Technology driven payments company, Afterpay Touch Group (ASX: APT) has witnessed an increase of 120.34% in its share price over the course of the last six months.

For the half year ended 31 December 2019, the company reported a substantial growth of 85% in its total income which reached to $112.3 million. The significant growth in Afterpay income driven by strong growth in Afterpay underlying sales and stable pricing. The company’s business in the US is growing and Afterpay US Inc. is approaching the maximum level of options issuance under the Equity Incentive Plan which is an essential part of APT's strategy to attract world class talent to our US operation in a competitive labour market. Under the Equity Incentive Plan, the Company’s US subsidiary will offer options which will give eligible participants a right to acquire common stock in Afterpay US Inc.

APT’s shares traded at $25.590 with a market capitalization of circa $5.95 billion as on 30 April 2019.

Bubs Australia Limited (ASX: BUB)

Producer of premium infant nutrition products and Australia’s largest producer of goat dairy products, Bubs Australia Limited (ASX: BUB) has released its quarterly activities report in which it reported strong revenue growth driven by infant formula sales to China and domestic Daigou Channel.

The company reported gross revenue of $11.83 million in the March quarter which was 103% higher than the previous corresponding period (pcp). During the quarter, the company established various important strategic developments and partnerships to strengthen the supply chain, expand channel capacity, increase profitability and complete foundation strategy.

During the March quarter, the company’s business momentum remained strong.

The company’s stock has provided a year till date return of 153.85% & also posted returns of 138.14%, 159.55% & 45.28% over the past six months, three & one-month period respectively.

BUB’s shares traded at $1.200 with a market capitalization of circa $587.42 million as on 30 April 2019.

Kogan.Com Ltd (ASX: KGN)

In the past six months, Kogan.Com Ltd’s (ASX: KGN) share prices increased by 75.56%. Owner of retail and services businesses, Kogan.Com has generated strong earnings growth in the 2019 March quarter, and it has achieved a 23.4% year-on-year Active Customer growth. At the end of March 2019, the company had around 1,589,000 active customers, significantly higher than the 1,288,000 as at 31 March 2018. The company recently amended its multi-option facility agreement with Westpac Banking Corporation to increase the size of the facility in order to increased flexibility and opportunity for continued growth.

KGN’s shares last traded at $5.600 with a market capitalization of circa $511.76 million as on 30 April 2019.

In order to receive high returns, it is very important for investors to keep a close eye on stocks that are having an upward trend.


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.

 

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK