G92.SI China Aviation Oil (SES) up 2.67% intraday 24 Feb 2026: momentum may extend gains
G92.SI stock heads the intraday gainers on 24 Feb 2026 after the share price climbed to S$1.92, up 2.67% from yesterday. Trading on the Singapore Exchange (SES), China Aviation Oil (Singapore) Corporation Ltd saw volume of 1,972,700.00 shares, roughly 4.41x its average. Investors are reacting to stronger cash flow metrics and a bullish technical set-up, with the stock trading near a one-year high of S$2.02. We break down what pushed G92.SI stock higher, the fundamentals behind the move, and where the shares could head next.
Intraday price action and drivers for G92.SI stock
G92.SI stock rose to S$1.92 intraday on 24 Feb 2026, hitting the session high. Volume reached 1,972,700.00 shares, versus an average of 913,618.00, indicating strong participation. The immediate drivers include higher refined product margins and improved working capital, which support trading flows. Management confirmed the company continues steady jet fuel supply contracts to airlines, supporting near-term sales.
Fundamentals and valuation view of G92.SI stock
China Aviation Oil (G92.SI) shows trailing EPS of 0.13 and a PE of 15.38 on the SES. The price-to-book is 1.34 and dividend yield is about 1.86%, reflecting steady cash returns. Key balance-sheet strengths include cash per share of 0.60 and negligible net debt. The company operates in Energy, within Oil & Gas Refining & Marketing, and benefits when middle distillate spreads widen.
Technical picture, momentum and Meyka grade for G92.SI stock
Technical indicators show strong momentum: RSI at 70.83 signals overbought conditions, and ADX at 37.53 flags a strong trend. Bollinger upper band stands at 1.93, with the stock trading near that band. Meyka AI rates G92.SI with a score out of 100: Score 66.17 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 and sector comparisons, financial growth, key metrics, forecasts, and analyst signals. Traders should respect technical overbought signals despite the trend.
Meyka AI’s forecast and price target for G92.SI stock
Meyka AI’s forecast model projects a quarterly target of S$2.00 and a yearly target of S$2.31, versus the current price of S$1.92. That implies an upside of 4.17% to the quarterly target and 20.31% to the yearly target. Forecasts are model-based projections and not guarantees. Analysts should compare these targets with company results at the upcoming earnings date on 2026-02-26.
Sector context, catalysts and risks for G92.SI stock
G92.SI sits in the Energy sector on the Singapore market, where peers show mixed returns. Sector pressures include crude price swings and refining margins. Catalysts for China Aviation Oil include tighter jet fuel supply, stronger airline travel demand, and favourable hedging outcomes. Risks include volatile commodity prices, counterparty credit in trading, and a stretched technical position given RSI over 70.00.
Trading strategy and actionable insights for G92.SI stock
For intraday traders, use the current momentum and monitor volume above 900,000.00 as confirmation. Consider a short-term trailing stop if price breaches S$1.84 (day low). For swing investors, the Meyka yearly forecast of S$2.31 supports a hold view, but assign risk limits given the sector cyclicality. Keep position sizing modest until earnings clear volatility.
Final Thoughts
G92.SI stock shows constructive intraday strength on 24 Feb 2026 with the share price at S$1.92, a 2.67% rise and heavy volume of 1,972,700.00 shares. Fundamentals remain solid: low leverage, cash per share S$0.60, and trailing PE 15.38. Meyka AI’s forecast model projects a quarterly target of S$2.00 and a yearly target of S$2.31, implying upside of 4.17% and 20.31% respectively versus the current price. Meyka AI rates G92.SI with a score out of 100 and gives a B grade with a HOLD suggestion, balancing steady financials against sector volatility. Traders should watch the earnings release on 2026-02-26 and use volume and RSI signals to time entries. Forecasts are model-based projections and not guarantees.
FAQs
What drove G92.SI stock higher today?
G92.SI stock rose on 24 Feb 2026 due to stronger trading volumes and positive refined product margins. Volume hit 1,972,700.00 shares and the stock tested the one-year high band, signalling increased buying interest ahead of earnings.
What is Meyka AI’s view on G92.SI stock?
Meyka AI rates G92.SI with a score out of 100 and assigns a B grade with a HOLD suggestion. The model highlights good cash metrics and moderate valuation but flags sector cyclicality and technical overbought conditions.
What are the key price targets for G92.SI stock?
Meyka AI’s forecast model projects a quarterly target of S$2.00 and a yearly target of S$2.31. These imply a near-term upside of 4.17% and a 12‑month upside of 20.31%, versus the current price of S$1.92.
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.