CLG.AX Close the Loop Ltd ASX down 26.92% 25 Feb 2026: key risk signals
CLG.AX stock plunged 26.92% to A$0.019 on 25 Feb 2026, driven by a large volume burst of 6,126,536 shares versus a 50-day average of 251,969. The sell-off pushed the share price to its intraday low at the year low of A$0.019, amplifying downside concerns for investors on the ASX in Australia. Today’s move follows extended weakness across multiple timeframes: 1M down 45.71% and 1Y down 81.90%, highlighting elevated volatility and liquidity stress in Close the Loop Ltd.
CLG.AX stock: what moved the price today
The main driver was heavy selling with relVolume 24.31, signalling institutional or block trades. CLG.AX opened at A$0.025, fell to A$0.019, and closed at A$0.019, a one-day loss of A$0.007. A sharp drop with high volume often reflects downside re-pricing on fresh information or concentrated exits, not broad sector weakness.
CLG.AX stock fundamentals and valuation
Close the Loop Ltd (CLG.AX) reports market cap A$10,139,347 and negative earnings with EPS -0.03 and PE -0.63, reflecting current losses. Key valuation metrics show P/S 0.05 and P/B 0.11, while enterprise value to EBITDA sits near 9.39. Debt metrics are elevated with debt/equity 1.50, which raises financing risk for a small-cap recycler in the Industrials waste management sector.
CLG.AX stock technicals and market structure
Technicals flag oversold conditions: RSI 21.79 and Williams %R at -100.00. Short-term momentum indicators show deep negative readings (CCI -331.89, ROC -42.42%). Price sits below the 50-day average A$0.03496 and 200-day average A$0.04396, confirming a bearish trend with low near-term support.
Meyka AI rates CLG.AX with a score out of 100
Meyka AI rates CLG.AX with a score of 67.75 / 100 (Grade B, Suggestion: HOLD). This grade factors S&P 500 and sector comparisons, financial growth, key metrics, analyst consensus and forecasts. Note the platform flags elevated liquidity and leverage risks; grades are informational and not personalised investment advice.
CLG.AX stock: analyst view and market sentiment
Independent company rating dated 24 Feb 2026 gives a C / Sell summary with DCF and profitability metrics flagged as weak. Market sentiment is negative after sustained share dilution and widening losses. The Industrials sector in Australia has modest performance; CLG’s specific execution and cash flow issues appear to be driving stock-specific selling.
CLG.AX stock outlook: risks and short-term scenarios
Key risks include continued cash burn, debt/equity 1.50, and thin free cash flow (FCF yield negative). A short-term recovery to A$0.025 would reduce near-term downside but still leave shares below moving averages. If working capital and receivables trends worsen, downside to A$0.010 cannot be ruled out. Investors should monitor trading volume, receivables days and any funding announcements.
Final Thoughts
CLG.AX stock closed the ASX session at A$0.019 on 25 Feb 2026 after a one-day fall of 26.92% and a volume spike to 6,126,536 shares. The balance of data shows cheap price-to-book and price-to-sales ratios, but weak earnings, negative cash flow per share and elevated leverage. Meyka AI’s forecast model projects a conservative 12-month baseline price of A$0.030, implying an upside of 57.89% versus today’s price. This projection is model-based and assumes operational stability and modest margin recovery; it is not a guarantee. For risk-focused investors the priority remains liquidity and funding updates; for those seeking recovery, the key trigger will be consistent positive operating cash flow and lower debt ratios. We use Meyka AI as an AI-powered market analysis platform to surface these signals and recommend monitoring company updates and sector flows on the ASX.
FAQs
What caused the CLG.AX stock drop on 25 Feb 2026?
The fall was driven by heavy selling with 6,126,536 shares traded and a relVolume of 24.31, suggesting block exits or concentrated selling. Weak profitability and leverage concerns amplified the move.
Is CLG.AX stock a buy after this decline?
Meyka rates CLG.AX B / HOLD. A buy case needs visible cash flow improvement, lower debt and funding clarity. Current metrics show earnings negative and elevated leverage, raising risk for buyers.
What is Meyka AI’s forecast for CLG.AX stock?
Meyka AI’s forecast model projects A$0.030 within 12 months, implying +57.89% versus A$0.019. Forecasts are model projections and not guarantees; monitor company updates and cash flow reports.
How does CLG.AX stock compare to its sector?
CLG.AX is in Industrials Waste Management. The sector averages healthier margins and ROE; Close the Loop shows weaker returns and higher debt, so it underperforms sector peers on profitability and leverage metrics.
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.