Shares down 29.65% to HK$0.14: 1613.HK stock top loser on HKSE, what to watch
1613.HK stock dropped 29.65% to HK$0.14 on 23 Feb 2026 after unusually high trading volume of 3,668,736.00 shares on the HKSE in Hong Kong. The move made Synertone Communication Corporation (1613.HK) one of the top losers in the Technology sector for the session. Traders cited weak fundamentals, a negative EPS of -0.06, and a negative PE of -2.37 as pressure points. We look at price action, valuation, technicals and Meyka AI’s forecast to explain the sell-off and what investors should watch next.
Price action and volume: 1613.HK stock session snapshot
Synertone (1613.HK) opened at HK$0.15 and closed at HK$0.14, down 29.65% from the previous close of HK$0.20. Volume spiked to 3,668,736.00 versus an average volume of 817,949.00, a relative volume surge signaling aggressive selling. The intraday range was HK$0.14 to HK$0.15, and the year low is HK$0.13 while the year high is HK$0.38. This liquidity and range show a clear breakout to the downside on heavy flows.
Fundamentals and valuation: 1613.HK stock metrics
Synertone’s market cap stands at 63,422,364.00 HKD with shares outstanding 446,636,363.00. Key ratios show price to book 0.62, price to sales 1.27, and negative margins: EPS -0.06 and PE -2.37. The company reports weak cash generation with free cash flow per share -0.09 and a current ratio of 1.72, indicating limited short-term cushion. Compared with the Technology sector average PE of 34.53, Synertone’s valuation reflects structural earnings weakness rather than a growth premium.
Technical indicators and sector context: 1613.HK stock momentum
Technicals show the stock is oversold: RSI 29.42 and CCI -356.37. Short-term price averages sit below the 50-day (0.18) and 200-day (0.23) moving averages, confirming a downtrend. The Technology sector in Hong Kong was down 1.01% on the day, so Synertone’s -29.65% move far exceeded sector moves. Traders should watch support at HK$0.13 and resistance near the 50-day average HK$0.18 for short-term signals.
Meyka AI grade and forecast: 1613.HK stock assessment
Meyka AI rates 1613.HK with a score out of 100: 61.32 | Grade B | 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 monthly price of HK$0.11 and a yearly price of HK$0.02. Compared with the current HK$0.14, the model implies a monthly downside of -21.43% and a yearly downside of -88.00%. Forecasts are model-based projections and not guarantees. Meyka AI’s assessment is delivered via our AI-powered market analysis platform.
Price targets and analyst-style scenarios for 1613.HK stock
We frame three analyst-style scenarios for Synertone: Bear target HK$0.05, Base target HK$0.12, Bull target HK$0.30. The Bear reflects weaker cash flow and receivables pressure (days sales outstanding 269.48). The Base reflects modest operational stabilisation and sector support. The Bull requires material margin recovery and renewed data centre or building-intelligence contracts to lift revenue and EPS.
Risks and catalysts: 1613.HK stock near-term outlook
Downside risks include stretched working capital metrics—DSO 269.48 days and inventory days 453.41—and negative operating margins. Catalysts that could stabilise the stock are contract wins in Building Intelligence, improved cash flow, and clearer guidance from management. Watch trading volume, any corporate notices, and sector moves in Communication Equipment for short-term reversal signs.
Final Thoughts
Synertone Communication Corporation (1613.HK) closed the Hong Kong session at HK$0.14 on 23 Feb 2026 after a -29.65% drop on heavy volume of 3,668,736.00 shares. The sell-off combines weak earnings (EPS -0.06), negative PE (-2.37), and stretched receivables and inventory cycles. Meyka AI’s forecast model projects HK$0.11 monthly and HK$0.02 yearly levels, implying downside of -21.43% and -88.00% versus the current price. Those projections are model-based and not guarantees. Our view frames the stock as high risk with potential upside only if revenue or cash flow dynamics improve. Short-term traders should focus on volume and the HK$0.13 support. Longer-term investors should demand clearer earnings recovery and shorter cash conversion cycles before adding Synertone to a diversified position.
FAQs
Why did 1613.HK stock fall sharply today?
1613.HK stock fell due to heavy selling on high volume of 3,668,736.00 shares, weak earnings (EPS -0.06) and negative PE (-2.37). Market reaction appears driven by fundamentals and liquidity pressures rather than a single public event.
What is Meyka AI’s rating for 1613.HK stock?
Meyka AI rates 1613.HK with a score out of 100: 61.32 | Grade B | HOLD. The grade factors in benchmark comparison, sector performance, financial growth, metrics and analyst consensus.
What price targets should investors consider for 1613.HK stock?
Analyst-style scenarios: Bear HK$0.05, Base HK$0.12, Bull HK$0.30. Targets reflect cash flow risks and recovery potential in building intelligence and data centre businesses.
Are Meyka AI forecasts guarantees for 1613.HK stock?
No. Meyka AI’s forecast model projects monthly HK$0.11 and yearly HK$0.02, but these are model-based projections and not guarantees. Investors should use them alongside their own research.
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.