8051.HK CircuTech (HKSE) down 8.25% intraday 26 Feb 2026: Monitor HK$2.87 support
The 8051.HK stock slid 8.25% intraday to HK$2.89 on 26 Feb 2026 on the HKSE, making it one of today’s top losers in Hong Kong. Volume was light at 400 shares versus a 50-day average of 3,140. The move follows muted sector demand and profit-taking after recent gains. CircuTech International Holdings Limited (8051.HK) trades well below its book value per share of HK$6.49, yet faces pressure from a high price-to-earnings multiple and weak daily flows. We examine drivers, key ratios, technical levels, and Meyka AI’s near-term forecast for traders monitoring this intraday selloff.
Intraday price action and immediate drivers
The 8051.HK stock opened at HK$2.87 and hit a session high of HK$2.89 before closing near that level. The stock fell HK$0.26, or -8.25%, from a previous close of HK$3.15.
Trading volume of 400 shares was thin versus an average of 3,140 shares, signalling limited liquidity and amplified intraday moves. Market participants cited profit-taking after a one-month gain of 5.09% and muted demand in the Industrials sector in Hong Kong as near-term pressure.
Fundamentals and valuation snapshot
CircuTech International Holdings Limited (8051.HK) reports EPS HK$0.07 and a PE of 41.29. Book value per share is HK$6.49, and the price-to-book ratio is 0.45, indicating the stock trades below accounting book value.
Key balance-sheet metrics show a market cap of HK$75,252,083, cash per share HK$1.12, and a strong current ratio at 12.99. Low debt metrics include debt-to-equity 0.01, but operating cash flow per share is negative HK$-1.08, highlighting liquidity strength yet weak cash generation.
Technicals, momentum and volume context
Technicals show short-term weakness for the 8051.HK stock. RSI sits at 44.00, CCI at -128.61 and MACD histogram near -0.01, all consistent with a pullback. Bollinger middle band is HK$3.00, with lower band at HK$2.74.
Short-term support to watch is HK$2.87 and the 200-day average at HK$2.86. On-balance volume remains muted at 194,280, suggesting the drop lacks broad selling conviction, but low liquidity raises volatility risk for traders.
Meyka AI grade and model forecast
Meyka AI rates 8051.HK with a score out of 100: Score 64.13 | 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 monthly HK$2.76, quarterly HK$2.15, and yearly HK$2.56. Versus the current HK$2.89, that implies short-term downside of -4.50% (monthly) and -11.42% (yearly). Forecasts are model-based projections and not guarantees.
Risks, catalysts and sector context
Key risks for the 8051.HK stock include weak operating cash flow, slow receivables turnover, and low trading liquidity. The company’s recent net income margin sits near 0.50%, limiting margin for error.
Catalysts that could reverse the downtrend include stronger demand in the video surveillance market, improved quarterly earnings on 10 Mar 2026, or increased orders from parent Foxconn. Industrials sector momentum in Hong Kong will also influence the stock’s performance.
Price targets and trading considerations
We set a conservative near-term price target of HK$2.30 and an optimistic recovery target of HK$3.50, reflecting valuation range and volatility. The conservative target implies downside of -20.42% from the current HK$2.89. The optimistic target implies upside of +21.11%.
Traders should use tight risk controls given low average volume 3,140 and watch earnings on 10 Mar 2026 for guidance. Institutional interest typically moves price more than retail flows in this name.
Final Thoughts
8051.HK stock stands out among intraday losers on 26 Feb 2026 after an 8.25% decline to HK$2.89. The drop occurred on light volume of 400 shares, pointing to low liquidity rather than a broad sell signal. Fundamentals show a mixed picture: a low price-to-book of 0.45 and book value per share HK$6.49, versus a high PE of 41.29 and negative operating cash flow per share of HK$-1.08. Meyka AI rates 8051.HK 64.13/100 (B, HOLD) after weighing sector, growth, and metrics. Meyka AI’s forecast model projects HK$2.76 monthly and HK$2.56 yearly, implying near-term downside of -4.50% and -11.42% respectively versus today’s price. Traders and investors should watch support near HK$2.87, upcoming earnings on 10 Mar 2026, and any order flow from Foxconn affiliates. Given low liquidity, active risk management is essential. Forecasts are model projections, not guarantees.
FAQs
Why did 8051.HK stock fall today?
The stock fell 8.25% intraday on light volume. Profit-taking, weak short-term sector demand, and low liquidity drove the move. No major corporate news was reported during the session.
What is Meyka AI’s outlook for 8051.HK stock?
Meyka AI’s forecast model projects monthly HK$2.76 and yearly HK$2.56, implying short-term downside. The Meyka grade is B (HOLD) based on multi-factor analysis.
What price targets should investors watch for 8051.HK stock?
We suggest a conservative near-term target of HK$2.30 and an optimistic target of HK$3.50. Targets reflect valuation range and current volatility.
When is the next earnings release for 8051.HK stock?
CircuTech has an earnings announcement scheduled on 10 Mar 2026. That report is a likely catalyst for short-term price moves and guidance updates.
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.