RAN.AX stock opened the ASX pre-market at A$0.003, down 25.00% from yesterday’s close after heavy trading of 10,313,885 shares. This sharp fall places Range International Limited near the top losers list in Australia and highlights near-term liquidity and valuation stress for the recycled-plastics manufacturer. Investors should note the company’s small market capitalisation (A$3,063,756), negative EPS (A$-0.01) and a negative PE, all of which help explain why the stock is trading at multi-year lows on the ASX

RAN.AX stock: latest price action and drivers

Range International (RAN.AX) trades on the ASX in AUD and is priced at A$0.003 in pre-market on 04 Mar 2026. The one-day move is -25.00%, with the session range unchanged at A$0.003. Volume spiked to 10,313,885 versus an average volume of 1,187,652, showing outsized selling interest on thin market depth.

Financials and valuation: tangible weakness in metrics

RAN.AX shows an EPS of -0.01 and a negative PE (reported -0.30), reflecting losses. Price-to-sales is 1.06 and price-to-book is 2.87, while the current ratio is 0.68, under typical short-term coverage thresholds. Shares outstanding total 1,021,252,000, leaving a market capitalisation of roughly A$3,063,756, which amplifies volatility and execution risk.

Technical, liquidity and sector context

Technically the stock is thinly traded but volatile: 50-day average price is A$0.00338 and 200-day average is A$0.00286. On-chain volume indicators show elevated on-balance volume but relative volume is 0.55, implying the move was concentrated in a short window. Range sits in the Basic Materials sector (Chemicals – Specialty), a sector that has outperformed in parts but where micro-cap names often underperform larger peers on liquidity and margins.

Meyka AI rates RAN.AX with a score out of 100

Meyka AI rates RAN.AX with a score of 63.16 out of 100 (Grade B, HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The grade balances modest revenue growth and inventory turns against negative profitability and weak short-term coverage. These grades are informational only and are not guarantees or financial advice.

Meyka AI’s forecast model projects and analyst price targets

Meyka AI’s forecast model projects a one-year implied target near A$0.002 versus the current A$0.003, implying downside of about -33.33%. Forecasts are model-based projections and not guarantees. For scenario planning we set a conservative bear target A$0.001, base target A$0.003, and a high-recovery target A$0.005 (year high). These targets reflect liquidity, negative EPS, and the company’s small market cap on the ASX.

Risks, opportunities and trading considerations

Key risks: continued cash-flow pressure (operating cashflow per share is negative), low current ratio (0.68), and micro-cap volatility. Opportunities: gross margin improvement (gross profit margin about 25.95%) and expanding recycled-plastics demand in Asia-Pacific. Traders should treat RAN.AX as speculative; position sizing, limit orders, and awareness of wide spreads are essential.

Final Thoughts

RAN.AX stock is a clear pre-market top loser on 04 Mar 2026, trading at A$0.003 after a -25.00% intraday move and heavy turnover of 10,313,885 shares. Fundamentals show negative EPS (A$-0.01), weak short-term liquidity (current ratio 0.68), and a small market capitalisation (A$3,063,756), all of which magnify downside risk for retail holders on the ASX. Meyka AI’s forecast model projects a one-year figure near A$0.002, implying roughly -33.33% from today’s price; this is a model projection and not a guarantee. Realistic scenario targets are a bear A$0.001, base A$0.003, and bull A$0.005, linked to recovery in margins and improved cash flow. Given the micro-cap structure, traders should prioritise liquidity management and stop-loss discipline. For further monitoring see the Range International (RAN.AX) page on Meyka and follow sector updates from major outlets Nokia AI-RAN developments and MaxLinear MWC release

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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.