Greatime (0844.HK) up 10.00% to HK$0.44 at close: valuation and forecast implications
Greatime International Holdings Limited (0844.HK) closed as a top gainer on the HKSE on 26 Feb 2026, rising 10.00% to HK$0.44 after opening at HK$0.44. The move came on volume of 56,000 shares versus an average volume of 54,779, suggesting a concentrated rebound in Hong Kong trading. Investors flagged valuation and short-term technical support around the HK$0.44 level. This update gives a quick read on fundamentals, technicals, Meyka AI grading and model forecasts for the 0844.HK stock as traders assess risk and upside in the apparel sector.
Price action and drivers for 0844.HK stock
Greatime (0844.HK) jumped 10.00% (up HK$0.04) to HK$0.44 at market close on 26 Feb 2026, making it one of the day’s top gainers on the HKSE in Hong Kong. The rise followed a low trading range day with day low HK$0.44 and day high HK$0.44, pointing to a single-price session move. Volume of 56,000 shares was slightly above the 50-day avg 0.48 HKD price context and the stock’s average daily turnover of 54,779 shares, which can amplify short-term percentage moves in small-cap names.
Fundamentals and valuation for 0844.HK stock
Greatime’s reported metrics show mixed fundamentals: EPS -0.06, PE -7.33, and price-to-book 0.83. Market cap stands near HK$217,507,545.00 with 494,335,330.00 shares outstanding. The company’s revenue per share (TTM) is 0.98 and book value per share (TTM) is 0.48, which supports the sub-1.0 PB ratio. Operating margins are weak and return-on-equity is negative at -10.44%, underlining limited profitability despite low valuation multiples. These figures connect to the stock’s move: cheap multiples can attract short-term momentum buyers in the apparel sector.
Meyka AI grade and model forecast for 0844.HK stock
Meyka AI rates 0844.HK with a score of 57.53 out of 100, Grade C+, suggestion: HOLD. This grade factors S&P 500 and sector comparisons, industry peers, financial growth, key metrics, forecasts and analyst signals. Meyka AI’s forecast model projects a monthly price of HK$0.29, quarterly HK$0.61, and yearly HK$0.33. Versus the current HK$0.44, that implies a monthly downside -34.09%, quarterly upside +38.64%, and yearly downside -24.65%. Forecasts are model-based projections and not guarantees, and should be used with the provided caveat.
Technicals and trading signals for 0844.HK stock
On technicals, 0844.HK shows neutral momentum: RSI 48.69, MACD -0.02, and ADX 33.91 indicating a persistent trend. Short-term price bands sit at Bollinger upper HK$0.47, middle HK$0.43, lower HK$0.38. The 50-day average price is HK$0.48 and 200-day average is HK$0.43, so the close at HK$0.44 is slightly below the 50-day and modestly above the 200-day mean. Traders may watch support near HK$0.44 and resistance near HK$0.48–HK$0.47 for near-term entries or profit-taking.
Sector context, risks and catalysts for 0844.HK stock
Greatime operates in Consumer Cyclical, Apparel – Manufacturers, where peers trade at higher multiples (sector avg PE ~21.40). Key risk factors include negative ROE (-10.44%), tight current ratio 1.12, and interest coverage at -2.33, all of which increase sensitivity to demand swings. Catalysts that could sustain gains include stronger OEM orders, margin recovery from fabric mix improvements, and better working capital turns (days sales outstanding 33.00, inventory days 55.91). Regulatory or contract updates, and quarterly earnings, are immediate catalysts to watch.
Analyst signals and realistic price targets for 0844.HK stock
Third-party company ratings show mixed signals; in-house score is C+ with a HOLD suggestion. Using Meyka AI forecasts and current structure, a near-term technical target is HK$0.60 (optimistic scenario aligned with the quarterly model), while a cautious 12-month target based on yearly projection is HK$0.33. A reasonable base-case 12-month price target is HK$0.38–HK$0.45, reflecting mean reversion toward book value and sector recovery. Always weigh liquidity and volatility when sizing positions on HKSE small caps.
Final Thoughts
0844.HK stock closed as a top gainer on 26 Feb 2026, rising 10.00% to HK$0.44 on volume slightly above average. The move reflects short-term buying in a thinly traded small-cap apparel manufacturer with low valuation multiples (PB 0.83) but negative profitability (EPS -0.06, ROE -10.44%). Meyka AI rates the stock 57.53/100 (C+, HOLD) and provides model-based forecasts that present mixed signals: a quarterly upside to HK$0.61 (+38.64%) versus a yearly projection of HK$0.33 (-24.65%) relative to the current price. For traders, near-term entries should consider technical resistance near HK$0.47–HK$0.48 and strict stop-losses below HK$0.44. For investors, monitor upcoming earnings, order flows and working capital trends before increasing exposure. Meyka AI, an AI-powered market analysis platform, flags both opportunity and risk in Greatime given sector dynamics and its balance sheet metrics. Forecasts are model-based projections and not guarantees.
FAQs
What drove the 10.00% rise in 0844.HK stock today?
The rise to HK$0.44 on 26 Feb 2026 was driven by concentrated volume (56,000 shares) and technical buying near a support level, combined with investor attention on cheap valuation metrics like PB 0.83 and the potential for margin recovery.
What is Meyka AI’s outlook and grade for 0844.HK stock?
Meyka AI rates 0844.HK 57.53/100 (C+, HOLD). The model shows a quarterly forecast HK$0.61 and a yearly forecast HK$0.33, highlighting short-term upside potential and longer-term uncertainty.
What are the main risks to consider for 0844.HK stock?
Key risks include ongoing negative profitability (ROE -10.44%), weaker interest coverage -2.33, inventory days 55.91, and limited liquidity on the HKSE. Earnings misses or order weakness could reverse gains quickly.
What short-term price levels should traders watch for 0844.HK stock?
Watch support at HK$0.44 and resistance near HK$0.47–HK$0.48. A breach above HK$0.48 with volume could target HK$0.60; a drop below HK$0.40 increases downside risk.
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.