The L02.SI stock moved higher intraday on 13 Jan 2026, trading at S$0.042 after a +5.00% gain on volume of 1,558,100 shares. This high-volume move on the SES (Singapore) market recovered from the prior close of S$0.040 and pushed price above the 50-day average of S$0.0399. Traders watching renewable utilities noted the jump as a potential short-term pivot given the stock’s year range of S$0.009–S$0.048 and a 3‑month gain of 31.25%

Intraday drivers for L02.SI stock

Volume led the intraday move: 1,558,100 shares traded versus a 30-day average near 5,348,998, a relative volume of 0.29. The price opened at S$0.041 and hit a day high of S$0.042, which indicates intraday buying interest concentrated after the open.

One clear driver is that L02.SI traded above its 50-day average S$0.0399, a short-term technical trigger for momentum traders.

Financial and valuation snapshot for L02.SI stock

Metis Energy Limited (L02.SI) shows a market cap of S$127,399,664.00 and EPS of -S$0.01, producing a trailing PE near -4.20. Book value per share is S$0.02227 and price-to-book is 1.89, signalling modest premium to reported equity.

Debt metrics show a debt-to-equity ratio of 1.47 and a current ratio of 1.27, which suggests leverage is meaningful versus peer utilities and requires monitoring as operations scale in Vietnam and Australia.

Technical picture and trading signals for L02.SI stock

Momentum indicators are neutral to mildly positive: RSI 54.28 and ADX 43.68 (strong trend). Bollinger middle band sits at S$0.040 with an upper band at S$0.050, giving room to the upside toward the year high.

Volume indicators show on‑balance volume rising and MFI hitting 85.37 (overbought), implying short-term exhaustion risk even as price climbs.

Sector context and peer comparison for L02.SI stock

Metis sits in the Renewable Utilities segment within Utilities on the SES in Singapore, where sector peers carry higher average PB ratios and steadier margins. The Utilities sector average metrics show higher current ratios and generally stronger net margins than L02.SI’s recent performance.

Sector strength can lift smaller renewable names, but Metis’ relative leverage and negative ROE indicate it may lag on operational resilience during stress periods.

Meyka AI grade and model forecasts for L02.SI stock

Meyka AI rates L02.SI with a score out of 100: 58.72 which maps to C+ (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 yearly price of S$0.07 versus the current S$0.042, implying an upside of 78.29%. Forecasts are model-based projections and not guarantees. For details on comparables see Investing.com comparison 1 and Investing.com comparison 2.

Risk factors and tactical ideas for L02.SI stock

Key risks include continued negative EPS (EPS -S$0.01), elevated debt-to-equity (1.47), and thin liquidity relative to large-cap stocks. Average daily volume remains below many active names, making price swings sharper.

Tactical traders might use the 50-day average (S$0.0399) as a short-term support reference and watch volume for confirmation before scaling positions. Long investors should track earnings updates and project execution in Vietnam and Australia.

Final Thoughts

Intraday action on L02.SI stock on 13 Jan 2026 shows a +5.00% move to S$0.042 on 1,558,100 shares, a notable uptick in participation but still below the 30-day average. Financially, Metis Energy has a market cap of S$127,399,664.00, negative EPS of -S$0.01, and a price-to-book near 1.89, underlining a recovery story that remains fragile. Meyka AI rates L02.SI with a score out of 100: 58.72 (C+, HOLD), reflecting mixed fundamentals and some sector tailwinds. Meyka AI’s forecast model projects a yearly price of S$0.07, implying 78.29% upside versus today’s price of S$0.042; forecasts are model-based projections and not guarantees. In short, this intraday high-volume move flags trader interest and gives a short-term technical edge, but investors should weigh leverage, negative profitability, and execution risk before increasing exposure. For live trade monitoring and deeper metrics, see Metis Energy on Meyka AI’s platform at Meyka stock page.

FAQs

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.