HK$2.69 (+40.10%) for KFM Kingdom (3816.HK) on 24 Feb 2026 HKSE: Watch volume
3816.HK stock surged to HK$2.69, a 40.10% gain, on heavy trading as the Hong Kong market closed on 24 Feb 2026. The breakout came on 7,436,000 shares versus an average of 1,192,474, giving a relative volume near 5.98 and signaling outsized retail or event-driven interest. KFM Kingdom Holdings Limited (3816.HK) trades on the HKSE in Hong Kong and is in the Industrials sector, with a market cap of HK$1.46B and trailing EPS HK$0.07. This report covers the intraday move, valuation, technicals and what our models and Meyka AI grade say about the outlook.
Price action and volume: 3816.HK stock spikes on heavy flows
KFM Kingdom (3816.HK) opened at HK$2.49, hit a day low of HK$2.44 and a high of HK$2.90, closing at HK$2.69 on 24 Feb 2026. Volume was 7,436,000, roughly 6.24 times the daily average, confirming the stock is a high-volume mover and attracting market attention.
Drivers and 3816.HK stock news: limited company releases, market context
There was no company press release tied directly to the move; comparisons on market feeds show peers gaining in precision manufacturing and metal fabrication. For reference on sector comparisons see an investing.com comparator page covering 3816 alongside peers source. The spike likely reflects momentum trading, positioning ahead of potential contract wins, or re-rating flows into industrials.
Fundamentals and valuation for 3816.HK stock
At HK$2.69 KFM Kingdom shows a trailing PE of 34.86, price/book 2.50, and market cap HK$1,464,000,000. Key balance metrics include a current ratio 2.32, debt/equity 0.13, revenue per share HK$1.40, and book value per share HK$1.09. These figures show a profitable, low-leverage industrial with valuation richer than sector averages, which raises expectations for growth to justify the premium.
Technicals and momentum on 3816.HK stock
Momentum indicators are overheated: RSI 87.07 and MFI 91.96 signal overbought conditions while ADX 56.13 indicates a strong trend. Short-term traders may expect volatility; support now sits near HK$2.44 and immediate resistance near the intraday high HK$2.90. Watch follow-through volume before assuming a sustained breakout.
Meyka grade, model and 3816.HK stock forecast
Meyka AI rates 3816.HK with a score out of 100: 63.43/100 — Grade B, SUGGESTION: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a 7-year target of HK$2.39, implying -11.11% versus the current HK$2.69; forecasts are model-based projections and not guarantees. The grade and forecast reflect strong cash conversion and low leverage but also a premium valuation versus industrial peers.
Sector context, risks and opportunities for 3816.HK stock
KFM Kingdom sits in Hong Kong’s Industrials sector where YTD performance is positive and average PE is around 15.80. Upside catalysts include new contract wins, higher OEM demand in electronics and medical segments, and margin expansion. Key risks are earnings execution, short-term profit-taking after large volume spikes, and a stretched short-term technical setup.
Final Thoughts
KFM Kingdom (3816.HK) was a clear high-volume mover on 24 Feb 2026, closing at HK$2.69 on 7,436,000 shares traded. The immediate picture is mixed: strong momentum and a high relative volume argue for continued interest, but overbought technicals and a premium trailing PE of 34.86 versus sector average 15.80 call for caution. Meyka AI rates the stock 63.43/100 (Grade B, HOLD) and highlights solid balance-sheet metrics including current ratio 2.32 and debt/equity 0.13. Meyka AI’s forecast model projects a 7-year level of HK$2.39, implying -11.11% from today’s price; forecasts are model-based projections and not guarantees. Short-term traders can trade the momentum with tight risk controls; longer-term investors should wait for confirmation of earnings growth or a valuation reset before adding exposure. For real-time charts and order flow check our KFM page on Meyka AI view stock page and follow verified news sources for contract or earnings updates.
FAQs
Why did 3816.HK stock jump so much today?
The jump was driven by heavy volume — 7,436,000 shares — and momentum trading. No company release matched the move, so flows likely reflect speculative positioning, peer strength in manufacturing, or expectations of contract wins.
Is 3816.HK stock a buy after the surge?
Meyka AI rates 3816.HK 63.43/100 (Grade B, HOLD). Given overbought technicals and a premium PE, consider waiting for consolidation or confirmed earnings growth before buying for the long term.
What is the fair-value outlook for 3816.HK stock?
Meyka AI’s forecast model projects a 7-year level of HK$2.39, implying roughly -11.11% from the current HK$2.69. Forecasts are model-based projections and not guarantees.
What technical risks should traders watch on 3816.HK stock?
Key technical risks include RSI 87.07 (overbought), MFI 91.96, and potential rapid pullbacks after a high-volume spike. Use tight stops and watch for volume-confirmed continuation.
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.