60.00% intraday surge: 8291.HK Hong Kong Entertainment Intl (HKSE) at HK$0.48 on 26 Feb 2026, watch volume
The intraday mover is 8291.HK stock, which jumped 60.00% to HK$0.48 on heavy volume during this intraday session in Hong Kong. Volume reached 260,000 versus an average of 34,830, signalling a clear liquidity event that traders are watching. The rally pushed the share to its year high HK$0.48 and lifted short-term momentum indicators into overbought territory.
Intraday drivers for 8291.HK stock
Trading in 8291.HK stock shows a sharp volume spike that coincides with the price rise to HK$0.48. The immediate driver appears to be renewed buying interest and comparison notes on public platforms, not a fresh company release.
Price and valuation snapshot for 8291.HK stock
At HK$0.48, the company trades at PE 3.50 with reported EPS HK$0.10. Market capitalisation stands near HK$18,666,667.00 and 50-day and 200-day averages sit at HK$0.25 and HK$0.26 respectively.
Technical read on 8291.HK stock
Momentum indicators show overbought conditions with RSI 96.83 and MFI 100.00. ADX at 77.80 points to a strong intraday trend, while MACD histogram is positive. These signals warn of a possible short-term pullback after the volume-fuelled rise.
Fundamentals and sector context for 8291.HK stock
Hong Kong Entertainment International Holdings (8291.HK) operates in packaging and containers within the Consumer Cyclical sector. Key ratios show price/sales 0.40 and free cash flow yield 1.32, but the company reports negative book value per share and a low current ratio at 0.39, raising working capital concerns.
Meyka grade and valuation for 8291.HK stock
Meyka AI rates 8291.HK with a score out of 100: 61.71 (Grade B, HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Investors should note this is model-based and not personalised advice.
Volume, liquidity and trading risk for 8291.HK stock
Average daily volume is 34,830 while today’s volume hit 260,000, a 7.47x jump in turnover. That lift improves intraday liquidity but increases volatility and execution risk for larger orders.
Final Thoughts
Key takeaways for 8291.HK stock: the intraday 60.00% move to HK$0.48 was driven by heavy volume (260,000) and pushed technicals into overbought settings. Fundamentals show low liquidity ratios and a mixed valuation profile with PE 3.50 but negative book value per share. Meyka AI’s forecast model projects a 12-month target of HK$0.13, implying -71.88% from the current HK$0.48, and these forecasts are model-based projections and not guarantees. Traders should treat today’s move as a high-volume signal to reassess position sizing, confirm news flow, and monitor intraday orderbook depth before adding exposure in the Hong Kong (HKSE) market. For ongoing updates see company filings and market commentaries such as Investing.com and the company site IRAsia. Meyka AI provided this AI-powered market analysis.
FAQs
What caused the intraday rally in 8291.HK stock?
The rally in 8291.HK stock came with a volume surge to 260,000, suggesting renewed buyer interest and improved liquidity. There was no formal earnings release linked to the jump; market chatter and comparative research likely amplified the move.
Is 8291.HK stock fairly valued after the rise?
Valuation is mixed: PE 3.50 and low price/sales contrast with negative book value and weak current ratio. After the intraday move, the stock looks technically extended and fundamentals do not clearly support a higher sustained price for 8291.HK stock.
What is Meyka AI’s forecast for 8291.HK stock?
Meyka AI’s forecast model projects a 12-month target of HK$0.13, implying -71.88% from HK$0.48. Forecasts are model-based projections and not guarantees; use them with other research for 8291.HK stock decisions.
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.