823,493 pre-market volume on OJC.AX Original Juice ASX Feb 2026: liquidity watch
OJC.AX stock surged in pre-market trading with 823,493 shares changing hands on 24 Feb 2026, far above the average volume of 3,761. The price sits at A$0.18, range A$0.175–A$0.185 for the session. This volume spike on the ASX signals a sudden liquidity shift into The Original Juice Co. Ltd and warrants a short-term trade and risk review. We examine fundamentals, trading flow, and model forecasts to explain the move and what traders should watch next.
Why the OJC.AX stock volume spike matters
A jump to 823,493 pre-market shares gives OJC.AX stock a relative volume of 218.96x the average. High relative volume often precedes sharp intraday moves. This spike can reflect new orders, news leaks, or technical triggers. On the ASX, low-cap stocks like The Original Juice Co. Ltd (market cap A$5,332,716.00) are particularly sensitive to single large orders.
OJC.AX stock fundamentals and financial snapshot
The Original Juice Co. Ltd trades on the ASX at A$0.18 with 29,626,200 shares outstanding. Key metrics show FY revenue growth 16.40% (to 30 June 2024) but negative earnings: EPS -0.23 and PE shown as -0.78. Liquidity and solvency ratios are weak: current ratio 0.55, debt/equity 1.53, and book value per share A$0.03407. Price averages indicate longer-term weakness: 50-day A$1.79 and 200-day A$1.65.
OJC.AX stock technicals and trading flow in pre-market
Price is holding near the session range A$0.175–A$0.185 after the volume spike. Immediate support is the day low A$0.175 and resistance at A$0.185. Watch order book depth and block trades. With average volume tiny at 3,761, large flows can move price quickly. Traders should monitor any follow-through at the ASX open for confirmation of trend or snap-back.
Meyka grade and valuation for OJC.AX stock
Meyka AI rates OJC.AX with a score out of 100: 64.93 (B, HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Valuation ratios: price/sales 0.11, price/book 5.28, EV/sales 0.37, and EV/AUD enterprise value A$18,425,466.00. These numbers show low revenue multiple but thin balance sheet strength. Use the grade as context, not advice.
Catalysts, sector context and OJC.AX stock risks
Sector: Consumer Defensive, Packaged Foods. Commodity moves for orange juice and fruit supply can create cost pressure or opportunities. Traders should watch orange juice futures and export data for input-cost volatility (Investing.com orange juice) and broader export trends (Reuters). Key risks: tight current ratio 0.55, negative operating cash flow per share A$-0.00971, and leverage. Catalysts: contract wins in co-packing, new product rollouts, or sector-driven commodity moves.
Short-term outlook and OJC.AX stock price targets
In the short term, expect choppy trades. Technical triggers: a confirmed move above A$0.185 on continued volume could see rapid upside to A$0.50. A conservative medium-term scenario is A$0.60 if operational updates improve margins. Meyka AI’s model provides a long-range projection. Use tight stops and scale in small sizes given volatility and low liquidity on the ASX.
Final Thoughts
The pre-market volume spike to 823,493 shares highlights acute interest in OJC.AX stock while price stays at A$0.18 on the ASX. Short-term traders should watch order flow and whether the spike leads to follow-through at the open. Fundamental risks remain: negative EPS -0.23, current ratio 0.55, and elevated debt/equity 1.53. Meyka AI’s forecast model projects a 12-month price of A$3.42. That model-based projection implies an upside of 1,801.96% from A$0.18, while a conservative analyst scenario targets A$0.60 (+233.33%). Forecasts are model-based projections and not guarantees. Given the thin float and large relative volume, position sizing and stop discipline are essential. For live order flow and alerts see our Meyka AI-powered market analysis page for OJC.AX: Meyka stock page.
FAQs
Why did OJC.AX stock volume spike pre-market?
Large orders or news expectations often drive spikes. OJC.AX stock had 823,493 pre-market shares versus a 3,761 average, indicating concentrated buying or a block trade ahead of the ASX open.
What are the main risks for OJC.AX stock investors?
Key risks include negative EPS -0.23, low current ratio 0.55, and debt/equity 1.53. Low average volume means single trades can swing OJC.AX stock price sharply.
What price targets exist for OJC.AX stock?
Meyka AI’s model projects A$3.42 in 12 months (model-based). A conservative trading target is A$0.60. All targets are projections, not guarantees.
How should traders approach OJC.AX stock after the spike?
Use tight stops and small sizes because OJC.AX stock trades on thin liquidity. Confirm direction at the ASX open and monitor order book depth before adding exposure.
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.