1TT.AX stock up 50% pre-market 07 Jan 2026: monitor liquidity and upside
The 1TT.AX stock moved sharply in pre-market trade on 07 Jan 2026, rising 50.00% to A$0.0015 after opening at A$0.0010. This intraday jump coincided with 25,000 shares traded, well below the 50-day average but large enough to make 1TT.AX a high-volume mover on the ASX pre-market tape. Investors should note the tiny market capitalisation and the gap between short-term momentum and long-term averages when weighing risk and opportunity.
1TT.AX stock: pre-market price action and volume
Thrive Tribe Technologies Limited (1TT.AX) showed a pre-market rise from A$0.0010 to A$0.0015, a 50.00% intraday gain on 07 Jan 2026. Trade volume was 25,000 shares compared with an average volume of 4,378,197, so the move is price-driven rather than a full liquidity breakout. One should watch listed bids and ask sizes on the ASX to judge whether this move sustains.
Valuation and fundamentals for 1TT.AX stock
Thrive Tribe reports a market cap of A$152,379.00 and trailing EPS of -0.05, giving a negative PE and limited earnings coverage. Key ratios include price-to-sales 0.57 and price-to-book 2.55, while the current ratio sits at 0.48, signalling tight short-term liquidity. These fundamentals underline the speculative profile of 1TT.AX stock on the ASX.
Technicals and momentum signals for 1TT.AX stock
Short-term indicators show neutral-to-weak momentum with RSI 46.16 and ADX 40.28, indicating a strong trend but mixed momentum. The 50-day average price is A$0.00244 and the 200-day average is A$0.02088, highlighting a long-term downtrend. Traders should treat intraday spikes as volatility events and manage position size accordingly.
Sector context and comparative metrics for 1TT.AX stock
Thrive Tribe sits in the Technology sector (Software – Application) on the ASX where the sector average PE is around 40.56 and average PS about 5.07. By comparison, 1TT.AX’s price-to-sales 0.57 is low versus peers, but negative earnings and a weak current ratio make valuation comparisons incomplete. Sector strength offers a tailwind, but company-level fundamentals remain the primary risk driver.
Meyka AI rating and outlook for 1TT.AX stock
Meyka AI rates 1TT.AX with a score out of 100: Meyka AI rates 1TT.AX with a score of 75.13 out of 100, a B+ grade with a suggestion to BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Note a third-party company rating dated 2025-03-04 lists a C- (Strong Sell), so market and model views diverge and investors should treat the Meyka grade as informational, not advice.
News flow and catalysts affecting 1TT.AX stock
There is limited company-specific news; market attention has been on live chart updates and platform references including an interactive 1TT chart on Investing.com and ASX quote pages. Monitor official announcements from Thrive Tribe or filings for concrete catalysts. For chart data see Investing.com 1TT chart and for ASX quote context see Yahoo Finance ASX listings.
Final Thoughts
Key takeaways: 1TT.AX stock showed a 50.00% pre-market surge to A$0.0015 on 07 Jan 2026 with 25,000 shares traded, putting it on our high-volume movers list for the session. Fundamentals remain weak with EPS -0.05 and a current ratio 0.48, and a third-party rating flags a C- Strong Sell. Meyka AI’s forecast model projects a near-term reference of A$0.0100, which versus the current price A$0.0015 implies an upside of about 566.67%, but forecasts are model-based projections and not guarantees. Traders should balance potential upside with very high volatility, low liquidity on the ASX, and the lack of analyst coverage. For more depth, see the live chart on Investing.com and our internal profile at Meyka AI for real-time updates at Meyka stock page.
FAQs
The pre-market move was a **50.00%** price rise to **A$0.0015** on **25,000** shares traded. There is no single public catalyst; the rise looks driven by short-term buying interest rather than confirmed company news.
Market cap is about **A$152,379.00**, EPS **-0.05**, price-to-sales **0.57**, and current ratio **0.48**. Key risks are negative earnings, limited liquidity, and a weak balance sheet.
Meyka AI’s forecast model projects **A$0.0100** as a reference figure; compared with the current **A$0.0015** this implies roughly **566.67%** upside, though this is a model projection and not a guarantee.
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.