Market closed 26 Feb 2026: 0689.HK stock jumps to HKD 0.34, top gainer insight
We closed Market session on 26 Feb 2026 with EPI (Holdings) Limited (0689.HK) rising to HKD 0.34, an intraday high of HKD 0.35, and a 60.29% jump on heavy volume of 13,859,240 shares. This top gainer move on the HKSE follows higher-than-average volume and positive technical momentum. Our note uses public filings, company data and Meyka AI models to explain drivers, key ratios and outlook for the 0689.HK stock in Hong Kong
Price action and market context for 0689.HK stock
EPI (Holdings) Limited (0689.HK) closed the market at HKD 0.34 on 26 Feb 2026 after opening at HKD 0.23 and trading between HKD 0.23 and HKD 0.35. Volume was 13,859,240 versus a 50-day average of 1,888,077, a relative surge that confirms genuine buying interest. The stock now trades above its 50-day average price of HKD 0.20 and its 200-day average of HKD 0.16, signalling short-term strength for the 0689.HK stock.
Fundamentals and valuation snapshot
EPI reports EPS HKD 0.02 and a trailing P/E of 11.40, with market capitalisation near HKD 141.19M. Key ratios show a PB of 0.32, price-to-sales 1.68, and strong liquidity with a current ratio of 24.71. Book value per share is HKD 0.72, while cash per share is HKD 0.39, leaving a conservative balance sheet for this conglomerate with oil and lending exposure.
Technical drivers behind the top gainer move
Momentum indicators pushed EPI to the top gainers list today: RSI 71.20 (overbought), CCI 155.91, and a 31.03% rate of change. On-balance volume (OBV 19,258,126) rose sharply, matching the price breakout. Short-term support sits near HKD 0.23, while initial resistance clusters around HKD 0.35. Traders should note overbought signals can bring quick pullbacks in the 0689.HK stock.
Meyka AI grade and analyst framework for 0689.HK
Meyka AI rates 0689.HK with a score of 67.27 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 grading highlights good cash metrics and low leverage, offset by modest profitability and exposure to commodity cycles in the Energy/Industrials mix.
Sector comparison and risk factors
EPI sits in Industrials and Conglomerates but with oil exploration exposure that links it to Energy movers. The Hong Kong Energy sector has YTD performance near +28.86%, which supports commodity-linked uplifts. Key risks include Argentine project execution, commodity price swings, and liquidity if retail momentum reverses. Institutional interest remains limited given a float of about 619,243,904 shares.
Meyka AI forecast and price targets for 0689.HK stock
Meyka AI’s forecast model projects monthly HKD 0.22, quarterly HKD 0.31, and yearly HKD 0.33 with a three-year target of HKD 0.63. Compared with the current price HKD 0.34, the one-year projection implies a small downside of -0.74%, while the three-year outlook implies an upside of +49.63%. Forecasts are model-based projections and not guarantees.
Final Thoughts
Today’s top gainer status for EPI (Holdings) Limited (0689.HK) reflected a clear short-term momentum surge on the HKSE, with the stock closing at HKD 0.34 and volume of 13,859,240 shares. Fundamentals show a low PB of 0.32, EPS HKD 0.02 and a conservative balance sheet with cash per share HKD 0.39. Technicals are heated—RSI at 71.20 and CCI 155.91—which raises the chance of a near-term pullback to HKD 0.23 support. Meyka AI rates the stock 67.27/100 (Grade B, HOLD), citing strong liquidity but mixed profitability. Meyka AI’s forecast model projects a one-year price near HKD 0.33 (implied -0.74%) and a three-year target near HKD 0.63 (implied +49.63%). These model-based figures suggest the current rally may offer short-term trading opportunities, while longer-term upside depends on project execution and commodity cycles. We recommend monitoring quarterly updates, regional drilling milestones, and volume confirmation before adding exposure to the 0689.HK stock. Meyka AI is an AI-powered market analysis platform and this note is informational, not investment advice.
FAQs
Why did 0689.HK stock jump today?
0689.HK stock surged on 26 Feb 2026 due to heavy volume and strong technical momentum. Volume rose to 13,859,240 and price reached HKD 0.34, signalling buyer interest. Company-specific news or sector flows in energy likely amplified the move.
What is Meyka AI’s rating for 0689.HK stock?
Meyka AI rates 0689.HK 67.27/100, Grade B, recommendation HOLD. The grade factors S&P 500 and sector comparisons, financial growth, key ratios and analyst inputs. This is informational, not financial advice.
What are the short-term price targets for 0689.HK stock?
Meyka AI’s short-term model projects monthly HKD 0.22 and quarterly HKD 0.31 for 0689.HK stock. These are model outputs and not guarantees; monitor volume, support at HKD 0.23, and company updates.
Is 0689.HK stock overvalued based on fundamentals?
Relative to book value, 0689.HK stock trades at PB 0.32, implying undervaluation vs book. Trailing P/E 11.40 suggests modest earnings coverage. Valuation is attractive but depends on commodity exposure and project execution.
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.