Volume spike at S$1.70 for VICOM (WJP.SI, SES) on 24 Feb 2026: model shows 20.41% upside
A clear volume spike pushed VICOM Ltd (WJP.SI) to S$1.70 on 24 Feb 2026 as the Singapore market closed. WJP.SI stock traded 299,500.00 shares versus average volume 67,937.00, a relative volume of 14.13. The price slipped S$0.02 on the day from a previous close of S$1.72. This session closed on the Singapore Exchange (SES) and the surge in activity coincides with near-term technical overbought signals and recent earnings data.
WJP.SI stock: market snapshot and volume spike
WJP.SI stock closed at S$1.70 on 24 Feb 2026 with a day high of S$1.70 and day low of S$1.67. Volume reached 299,500.00, well above the 50-day average of 67,937.00, indicating institutional or event-driven participation. Market cap stands at S$627,585,360.00 and the 50-day and 200-day averages are S$1.65 and S$1.58 respectively, suggesting the uptrend has recent breadth.
Earnings, fundamentals and recent results
VICOM reported EPS of S$0.09 and a trailing PE of 19.67, based on the latest reported earnings. The company announced results around 20 Feb 2026 and showed year-over-year EPS growth of 6.17%, with free cash flow improving by 22.09%. Strong margins remain: operating margin near 27.59% and net margin 23.09%, which supports the current valuation despite a high price-to-book of 4.32.
Technicals and volume analysis driving the spike
Technical indicators show short-term strength: RSI 81.99 (overbought), ADX 33.88 (strong trend) and MACD histogram positive. On-balance volume and Money Flow Index are elevated, matching the 299,500.00 print. Support sits near S$1.67 and resistance near the 52-week high S$1.81, with the price above both the 50-day and 200-day averages, signalling momentum traders’ interest.
Meyka AI grade and WJP.SI stock forecast
Meyka AI rates WJP.SI with a score out of 100: Meyka AI rates WJP.SI with a score out of 100 65.86 | Grade: B | Suggestion: 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$2.05, implying an upside of 20.41% from S$1.70; forecasts are model-based projections and not guarantees.
Valuation, dividends and sector context
VICOM trades at PE 19.67, PB 4.32 and offers a dividend yield of 3.45% with payout ratio 66.95%. The company sits in Consumer Cyclical, Auto – Dealerships sector on SES in Singapore. Compared with the broader sector, VICOM’s profitability (ROE 21.49%) is above peers, while its valuation is modestly richer than some industrial peers.
Risks and catalysts for the WJP.SI stock
Key catalysts include continued post-earnings volume, new testing contracts and EV inspection demand. Risks include margin pressure from higher capex, sensitivity to vehicle population trends, and a high price-to-book ratio that could limit upside if growth slows. Watch liquidity and institutional filings after this volume spike.
Final Thoughts
The volume spike that closed WJP.SI at S$1.70 on 24 Feb 2026 highlights renewed investor focus. Technicals are showing short-term overbought conditions while fundamentals support steady cash flow and a 3.45% dividend yield. Meyka AI’s forecast model projects a year target of S$2.05, an implied upside of 20.41% from the current price; forecasts are model-based projections and not guarantees. Our grade—B, HOLD—reflects solid margins, improving cash flow and a conservative valuation premium. For traders, the high relative volume suggests momentum plays; for income investors, the yield and payout remain attractive but watch capex and vehicle-cycle exposure. We recommend monitoring follow-up volume, any SGX filings, and near-term earnings beats as triggers that could convert the HOLD view into a BUY for shorter-term horizons. Meyka AI provides this as AI-powered market analysis to assist further research.
FAQs
What caused the WJP.SI stock volume spike on 24 Feb 2026?
The spike matched elevated buys with 299,500.00 shares traded, above average 67,937.00. Likely drivers were post-earnings flows, momentum trading and sector interest in vehicle inspection services in Singapore.
What is Meyka AI’s price forecast for WJP.SI stock?
Meyka AI’s forecast model projects a yearly target of S$2.05, implying about 20.41% upside from the closing price S$1.70. Forecasts are model projections and not guarantees.
Is WJP.SI stock a dividend play?
VICOM yields 3.45% with payout ratio 66.95%, indicating a meaningful income component. Investors should weigh dividend reliability against capex and vehicle-cycle risks.
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.