RAN.AX falls 20% to A$0.004 on ASX 24 Feb 2026: low liquidity warns of downside
Intraday weakness hit RAN.AX stock on 24 Feb 2026 after Range International Limited (RAN.AX) slid 20.00% to A$0.004 on the ASX. The move follows a recent negative company rating and extremely thin trade depth, with volume 0 on the snapshot and a 50-day average volume of 1,150,196 shares. Investors should note the stock’s tiny market cap of A$4,085,008, negative EPS of -0.01, and a PE of -0.40, which together amplify price moves and execution risk on the ASX.
RAN.AX stock: intraday price action and drivers
Range International Limited (RAN.AX) opened at A$0.004 and fell from a previous close of A$0.005, marking a -20.00% intraday change on 24 Feb 2026. A company rating dated 2026-02-23 flagged a C- / Strong Sell stance, and with no trade volume recorded in the snapshot the stock suffered an outsized move driven by low liquidity and sentiment pressure.
Valuation and financial metrics for RAN.AX stock
Financials show revenue per share A$0.00223, negative net income per share A$-0.00112, book value per share A$0.00074, and a price-to-book near 3.82, indicating valuation stretched versus tangible equity. The company’s current ratio is 0.68 and debt-to-equity is 0.19, which together point to tight short-term liquidity and modest leverage on its balance sheet.
Technicals, liquidity and short-term risk
Technicals are mixed: 50-day average price A$0.00328, 200-day A$0.00280, RSI 52.96, ADX 41.90 indicating a strong trend, and MFI 87.30 signaling short-term overbought flows before the drop. Zero intraday volume versus an average of 1,150,196 shares amplifies execution risk and explains why small orders can move RAN.AX stock sharply on the ASX.
Meyka AI rates RAN.AX with a score out of 100 and valuation view
Meyka AI rates RAN.AX with a score out of 100: 63.03 (Grade B), suggestion HOLD; this grade factors S&P 500 and sector comparisons, financial growth, key metrics, forecasts and analyst consensus. The broader company rating dataset also shows an external C- / Strong Sell on 2026-02-23, which helps explain today’s selling pressure and the divergence between model grade and some third-party sentiment.
Price targets, analyst context and sector comparison
Near-term tactical price target: A$0.003 (conservative), 12-month base target: A$0.006, and long-term bull scenario: A$0.010; these targets reflect tiny market cap, limited float and Basic Materials sector volatility. Compared with Basic Materials peers, RAN.AX stock carries higher operational risk and lower liquidity despite a lower price-to-book than some sector averages.
Trading strategy and risk management for RAN.AX stock
For active traders, priority is order sizing and limit orders because small trades move the price; avoid large market orders on the ASX given the A$4,085,008 market cap and thin float. Longer-term investors should weigh negative earnings, weak current ratio and the model-projected downside before adding RAN.AX stock to a diversified position.
Final Thoughts
Key takeaways: RAN.AX stock plunged 20.00% to A$0.004 intraday on 24 Feb 2026, driven by a negative external rating, very low trade depth and stretched short-term liquidity. Meyka AI’s forecast model projects a yearly value of A$0.00210, which implies an estimated downside of -47.61% versus the current price of A$0.004; forecasts are model-based projections and not guarantees. Our price targets span A$0.003 (near-term) to A$0.010 (bull case), reflecting the stock’s volatility, tiny market cap and Basic Materials sector pressures. Traders should use limit orders, size positions conservatively and expect high intraday swings on the ASX. Meyka AI, an AI-powered market analysis platform, highlights that the combination of thin liquidity, negative earnings and recent rating pressure increases downside risk, but the company’s low absolute valuation means any operational improvement could lead to sharp percentage gains. This setup makes RAN.AX stock suitable only for speculative allocations with strict risk controls.
FAQs
Why did RAN.AX stock drop 20% intraday?
The intraday fall on 24 Feb 2026 followed a negative external rating (C- / Strong Sell), virtually zero snapshot volume and thin float on the ASX, which amplified selling and pushed the price to A$0.004.
What are the main financial risks for RAN.AX stock?
Primary risks include negative EPS -0.01, a current ratio of 0.68, modest cash per share and a small market cap of A$4,085,008, which reduce financial flexibility and increase execution risk.
What is Meyka AI’s forecast for RAN.AX stock?
Meyka AI’s forecast model projects a yearly value of A$0.00210, implying about -47.61% versus the current price A$0.004; forecasts are model-based projections and not guarantees.
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.