EVS.AX Envirosuite (ASX) trading A$0.089 after hours on 27 Feb 2026: oversold bounce under watch
EVS.AX stock is trading A$0.089 after hours on 27 Feb 2026, a level that has attracted oversold-bounce interest from short-term traders. The share sits close to its 52-week high of A$0.090 and well above its 52-week low of A$0.042, leaving room for volatile swings. Volume today was 2,099,836 and the 50-day average price is A$0.08587, backing a near-term mean reversion case. This note summarises the technical setup, fundamentals, catalysts and a concise trade plan for ASX-listed Envirosuite Limited (EVS.AX) in an after-hours context.
EVS.AX stock technical setup
The immediate technical picture for EVS.AX stock shows a price of A$0.089 trading at the upper edge of the recent intraday band, with a 50-day average of A$0.08587 and a 200-day average of A$0.07034. This positioning supports an oversold-bounce narrative where momentum traders look for a quick re-test of resistance near A$0.090.
Volume at 2,099,836 today is below the 30-day average of 4,691,054, signalling a low-volume bounce rather than broad conviction. Traders should watch whether volume rises on any follow-through rally.
Fundamental snapshot for Envirosuite Limited (EVS.AX)
Envirosuite Limited operates software for noise, air and water monitoring across mining, airports and utilities, listed on the ASX and headquartered in Melbourne, Australia. Key metrics: market cap A$130.69M, EPS -0.03, P/B 1.33, and price-to-sales 2.20. These show a small-cap tech profile with recurring revenue and negative earnings.
Cash per share is A$0.00342 and current ratio is 1.10, indicating limited liquidity headroom. Research and development is material at about 23.43% of revenue, which supports growth but keeps free cash flow negative.
Catalysts and risks shaping EVS.AX news and outlook
Near-term catalysts include contract renewals in mining and airport verticals, and any upgrades to EVS Omnis commercial traction. A confirmed revenue beat or a major multi-year contract could catalyse stronger follow-through on an oversold bounce.
Key risks are ongoing negative EPS, thin liquidity relative to larger ASX names, and macro pressure on tech valuations. Analyst sentiment remains mixed, with a company rating flagged as a C / Sell in some third-party models, underlining downside sensitivity.
Meyka AI rates EVS.AX with a score out of 100
Meyka AI rates EVS.AX with a score of 66.60 out of 100: Grade B, suggestion HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The score balances growth potential against current negative profitability and liquidity constraints.
This grade is informational only and not investment advice.
Valuation, forecast and price targets for EVS.AX analysis
Meyka AI’s forecast model projects a 12-month price of A$0.103, implying an upside of +15.73% from the current A$0.089. We show a cautious three-tier price target set: Bear A$0.05 (down -43.82%), Base A$0.10 (up +12.36%), Bull A$0.15 (up +68.54%).
These targets reflect the company’s sales growth, negative EPS, and sector comparables in Technology (Software – Application). Forecasts are model-based projections and not guarantees.
Trading strategy: oversold bounce approach for EVS.AX stock
For traders using the oversold-bounce strategy, consider a scaled entry near A$0.085–A$0.089 with a tight stop-loss below A$0.075 and targets at A$0.10 then A$0.15. Keep position sizes small because the stock has average daily volume of 4,691,054 and can gap.
Monitor news flow and volume confirmation. A bounce without volume should be treated as short-lived. Use limit orders and pre-set risk parameters.
Final Thoughts
EVS.AX stock is showing an after-hours bounce at A$0.089 on 27 Feb 2026, a level that invites short-term oversold-bounce trades but requires strict risk control. Fundamentals show recurring revenue and meaningful R&D spend, yet negative EPS and limited cash per share keep the company in a recovery profile. Meyka AI’s forecast model projects A$0.103 in 12 months, an implied upside of +15.73% versus the current price. Our three-tier targets span A$0.05 (bear), A$0.10 (base) and A$0.15 (bull) to capture scenario-based outcomes. Traders should watch volume expansion and contract news as triggers for a sustained rally. All forecasts are model-based projections and not guarantees. For deeper company filings and announcements, see Envirosuite’s investor pages and the ASX company profile source source. Meyka AI provides this concise market analysis to support informed decision making, not as personalised advice.
FAQs
What is the current price and immediate support for EVS.AX stock?
EVS.AX stock is trading at A$0.089 after hours on 27 Feb 2026. Immediate technical support sits near A$0.075 and resistance near A$0.090–A$0.100. Volume confirmation is needed for sustained moves.
What does Meyka AI forecast for EVS.AX stock?
Meyka AI’s forecast model projects A$0.103 in 12 months for EVS.AX stock, implying +15.73% upside from A$0.089. Forecasts are model outputs and not guarantees.
Should investors buy EVS.AX stock on the oversold bounce?
An oversold bounce can offer short-term trading opportunities, but investors should weigh negative EPS and limited liquidity. A measured approach with small position sizing and tight stops is prudent.
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.