0976.HK Chiho Environmental HK$0.43 intraday 27 Feb 2026: oversold bounce watch
0976.HK stock trades at HK$0.43 intraday on 27 Feb 2026, setting up a classic oversold bounce scenario. Volume is 678,000.00 shares, above the average of 645,695.00, which supports a short-term mean reversion trade. Price sits below the 50-day average HK$0.46 and 200-day average HK$0.48. We examine valuation, technical levels, and model forecasts to outline a cautious bounce plan for traders and analysts.
Intraday snapshot and price action for 0976.HK stock
Chiho Environmental Group Limited (0976.HK) is trading HK$0.43 on the HKSE. The stock opened at HK$0.46 and hit an intraday high of HK$0.455 and low of HK$0.43. Market cap is HK$690,215,488.00 with 1,605,152,297.00 shares outstanding. The one-day change is -1.15%, signalling a modest pullback inside higher volume. This intraday flow is consistent with an oversold bounce setup.
Why an oversold bounce could form for 0976.HK stock
Price is below the 50-day (HK$0.46) and 200-day (HK$0.48) averages. That creates technical room for a mean reversion rally. The stock’s price-to-book of 0.14 and price-to-sales of 0.04 indicate deep valuation vs book and sales. However the company reports EPS -0.01 and negative free cash flow per share, which limits a sustained rally. Short-term traders can target a bounce to nearby resistance levels while monitoring liquidity.
Meyka AI grade and 0976.HK stock model forecast
Meyka AI rates 0976.HK with a score of 62.81 out of 100 (Grade: B, Suggestion: HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects HK$0.3667 over one year. Compared with the current HK$0.43, this implies -14.72% downside, per the model. Forecasts are model-based projections and not guarantees.
Key fundamentals and risk metrics for 0976.HK stock
Chiho shows mixed fundamentals. Revenue per share TTM is 10.27, book value per share is 3.04, and cash per share is 0.23. Debt-to-equity is 0.26 and current ratio is 1.33. Interest coverage is weak at 0.60, and free cash flow per share is negative at -0.16. These ratios explain why earnings remain volatile and why any bounce may be short lived without fundamental pickup.
Technical levels, targets and a practical trade plan
Immediate support sits at the year low HK$0.38. Near-term resistance is HK$0.46 (50-day) and HK$0.48 (200-day). A conservative oversold bounce target is HK$0.50, implying 16.28% upside from HK$0.43. A tighter target is the 50-day at 6.98% upside. Traders should consider a stop-loss below HK$0.38 and position sizing that limits risk, given the negative EPS and cash flow.
Sector context and catalysts to watch for 0976.HK stock
Chiho sits in the Industrials sector. The Industrials sector shows a different profile with higher average PB and ROE. Metal prices and global recycling demand remain the primary catalysts for Chiho. Watch commodity prices, regional scrap supply changes, and company announcements. For company details visit the official site Chiho Group and the company image/profile FinancialModelingPrep.
Final Thoughts
Short-term traders monitoring 0976.HK stock can make a defensible case for an oversold bounce. Price at HK$0.43 sits below both the 50-day and 200-day averages but above the year low HK$0.38, giving a defined risk zone. Meyka AI’s model projects HK$0.3667 for one year, implying -14.72% downside versus the current price. For a tactical bounce trade, targets include HK$0.46 (50-day), HK$0.48 (200-day), and a stretch target HK$0.50 (+16.28%). Use stops below HK$0.38 and size exposure to reflect negative EPS and weak cash flow. Meyka AI, our AI-powered market analysis platform, flags valuation support but cautions that fundamental improvement is needed for a sustained rebound. Forecasts are model-based projections and not guarantees.
FAQs
Is 0976.HK stock a buy after this intraday fall?
0976.HK stock shows value metrics but negative EPS and weak cash flow. Traders may consider short-term bounce trades. Long-term buyers should wait for clearer earnings or cash flow improvement before initiating major positions.
What short-term targets should traders use for 0976.HK stock?
Short-term targets are HK$0.46 (50-day) and HK$0.48 (200-day). A tactical bounce target is HK$0.50, which equals about 16.28% upside from HK$0.43. Use a stop near HK$0.38.
How does Meyka AI view 0976.HK stock performance?
Meyka AI rates 0976.HK 62.81/100 (B, HOLD). The model gives a one-year projection of HK$0.3667. That implies model-based downside, so caution is advised despite a possible technical bounce.
Which ratios matter most for 0976.HK stock now?
Key ratios are PE -43.00, PB 0.14, current ratio 1.33, and debt-to-equity 0.26. These show low valuation vs book but weak profitability and cash flow.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.