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25 Feb 2026 pre-market spike: MSI.AX Multistack (ASX) 612,428 shs outlook

AU Stocks
4 mins read

A pre-market volume spike pushed MSI.AX stock into focus on 25 Feb 2026, with 612,428 shares traded versus an average of 15,768. The trade came at A$0.005 a share, matching the previous close. We track the jump, connect it to the recent earnings update, and set near-term price targets for ASX trading in AUD.

MSI.AX stock: pre-market volume and price action

Volume jumped to 612,428 shares in pre-market trading. That is 38.84x the typical daily volume of 15,768. The last trade was A$0.005, with a day range of A$0.005–A$0.006 and a 52-week range of A$0.004–A$0.006. High relative volume like this usually means new information or repositioning by holders.

Multistack released earnings data on 19 Feb 2026, which likely amplified pre-market interest. The company reported EPS of A$0.01 and a P/E around 0.50 on a per-share basis. Investors often react sharply when tiny-cap names show positive EPS, as here, even with small cash flows.

Fundamental snapshot and valuation metrics for MSI.AX stock

Multistack International (MSI.AX) has market cap A$681,520 and 136,304,000 shares outstanding. Cash per share is A$0.008, and book value per share is -A$0.0116. FY2024 revenue fell 78.78%, while operating cash flow per share is A$0.01186. Current ratio sits at 0.44, a short-term liquidity caution for holders.

Technicals, averages and support/resistance

Price sits above the 50-day average (A$0.00446) and the 200-day average (A$0.00471). Key near-term support is the year low at A$0.004. Resistance is the year high at A$0.006. On a volume-spike strategy, traders look for confirmation next session on whether price holds above A$0.005 with follow-through volume.

Meyka AI grade and forecast for MSI.AX

Meyka AI rates MSI.AX with a score out of 100. Score: 68.51 | 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 A$0.012 in 12 months. That implies an upside of 140.00% from A$0.005 today. Forecasts are model-based projections and not guarantees. See Multistack site for filings Multistack and the ASX company page for disclosures ASX.

Risks, catalysts and sector context

Key catalysts are contract wins, service backlog growth, and any follow-up trading updates. Major risks include negative equity per share, thin liquidity outside spikes, and weak FY2024 revenue. Industrials on the ASX have YTD performance of 3.22%, which gives some sector support but not a direct lift to MSI.AX price action.

Final Thoughts

MSI.AX stock shows a clear volume spike in pre-market trade on 25 Feb 2026. We saw 612,428 shares trade at A$0.005, about 38.84x normal volume. Fundamentals are mixed: EPS of A$0.01 and operating cash flow per share at A$0.01186 contrast with negative book value per share. Our technical read shows price above both the 50-day and 200-day averages. Meyka AI’s forecast model projects A$0.012 in 12 months, implying 140.00% upside from today. We set a near-term price target of A$0.009 and a 12-month target of A$0.012, both in AUD. These targets assume improving orders and no major balance sheet shocks. Use tight risk controls; thin-cap spikes can reverse quickly. Meyka AI provides this AI-powered market analysis to help inform your research. Forecasts are model-based projections and not guarantees.

FAQs

What caused the MSI.AX stock volume spike?

The spike followed the 19 Feb 2026 earnings release and showed investor attention to EPS and cash flow metrics. Thin float and news-driven trading amplified pre-market volume to 612,428 shares.

What is the current price and key valuation for MSI.AX?

MSI.AX is trading at A$0.005. EPS is A$0.01, giving a P/E near 0.50. Market cap stands at A$681,520, reflecting a very small-cap profile.

What is Meyka AI’s forecast for MSI.AX stock?

Meyka AI’s forecast model projects A$0.012 in 12 months, an implied upside of 140.00% from A$0.005. Forecasts are model-based projections and not guarantees.

Should investors trade the MSI.AX volume spike?

Volume spikes attract short-term traders but carry higher risk. Use position sizing and stop losses. Confirm follow-through volume before adding to positions in MSI.AX.

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.

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