AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
The below-mentioned three stocks have witnessed a significant rise in their share price today (18 February 2019). However, in the past one year, the share price of these stocks have declined substantially. Letâs take a closer at these stocks-
Smart Marine Systems Limited (ASX:SM8)
Australian marine technology company, Smart Marine Systems Limited (ASX:SM8) develops patented marine products which include Clever Buoyâ¢, Shark Attack Mitigation Systems (SAMSâ¢) Visual Technology and Seabin. The company has recently announced that it has successfully completed the 100-day pilot deployment of its Clever Buoy technology at Newport Beach, California.
The company has received a further enquiry from the east coast of USA at Cape Cod, Massachusetts. During the 100-day period, the Clever Buoy witnessed an unprecedented level of marine life compared to previous deployments. Following the release of this news, the share price of Smart Marine increased by 43.75 percent in the intraday trade as on 18 February 2019.
In the past one year, the share price of the company decreased by 65.22 percent as on 15 February 2019. SM8âs shares traded at $0.023 with a market capitalization of circa $2.05 million as on 18 February 2019.
Broo Ltd. (ASX:BEE)
Broo Ltd. (ASX:BEE) is involved in the production and distribution of packaged beer in both Australia and China, and it is also involved in the management of hospitality venues. On 18 February 2019, the company did not release any price sensitive information; however, its share prices increased by 47.727 percent on ASX. Due to the significant rise in the share price ASX has raised a price Query to Broo in which ASX has noted the change in the price of BEEâs securities from a low of $0.027 on 11 February 2019 to a high of $0.06 on 18 February 2019. ASX has also noted the significant increase in the volume of BEEâs securities traded on 18 February 2019. In reply to ASX, Broo Ltd has informed that the Company is not aware of any information that has not been announced to the market which could explain the recent trading in its securities and the Company is not having any other explanation of the recent trading in its securities.
In the past one year, the share price of the company decreased by 77.44% as on 15 February 2019. BEEâs shares traded at $0.065 with a market capitalization of circa $27.2 million as on 18 February 2019.
Global Health Limited (ASX:GLH)
Global Health Limited (ASX:GLH) is involved in the development of software applications for the healthcare industry, and it is working to enhance connectivity in the health care industry through its software applications. On 18 February 2019, although the company did not release any price sensitive information, the share price of the company substantially increased by 30.769% during the intraday trade. Recently on 31 January 2019, the company announced the appointment of Grant Thornton as the Companyâs auditor, following the resignation of the Companyâs previous auditor, ShineWing Australia. On 23 January 2019, the company announced that the fourth and final payment in respect of the acquisition of the medical software and associated assets of Abaki Pty Ltd has been paid. In the past one year, GLHâs shares decreased by 51.85% as on 15 February 2019. GLHâs shares traded at $0.170 with a market capitalization of circa $4.38 million as on 18 February 2019.
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