A large intraday volume spike pushed The9 Limited (FZKA.F) to €0.61 on XETRA at market close on 27 Feb 2026, with volume at 11,050 versus an average of 17. The FZKA.F stock fell -8.27% on the session, trading at its year low of €0.61 after opening at the same level. This article examines the volume-driven move, the company’s key metrics including EPS -53.96, and what the spike means for liquidity and price action in Germany’s XETRA market.

Market snapshot: FZKA.F stock volume spike

The9 Limited (FZKA.F) closed at €0.61 on XETRA on 27 Feb 2026, down -8.27% from the previous close. Volume surged to 11,050 shares, giving a relative volume of 650.00, well above the average 17 shares. Market cap stands at €19,147,961.00, and the stock sits at its year low of €0.61, after a year high of €14.15.

Drivers behind the spike: FZKA.F stock news and flow

The volume spike looks flow-driven, not earnings-led; there is no scheduled earnings announcement. Low liquidity and a tiny free float can magnify trades, which appears to explain the volume burst. For company details see the issuer website source.

Valuation and financials: FZKA.F stock metrics

Key metrics show stretched valuation ratios and weak earnings. EPS is -53.96 and reported PE is -0.01, while price to sales is 1.38 and price to book is 15.65. The company has a current ratio of 1.19 and debt to equity 0.31, highlighting modest leverage but negative profitability.

Technical and trading view: FZKA.F stock liquidity

Technically the stock trades far below its 50-day average €7.20 and 200-day average €7.95, reflecting a long-term downtrend. The recent volume spike increased short-term liquidity but also widened intraday volatility. Traders should note the very low average volume and the risk of large price gaps on thin order books.

Meyka AI grade and forecast: FZKA.F stock analysis

Meyka AI rates FZKA.F with a score out of 100: 62.62 / Grade B / HOLD. This grade factors S&P 500 and sector benchmarks, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a €0.80 12-month target, implying +31.15% versus the current €0.61. Forecasts are model-based projections and not guarantees. For our company page see the Meyka stock dashboard source.

Risks and opportunities for FZKA.F stock

Upside depends on renewed trading interest or meaningful operational improvements in cryptocurrency mining or NFTSTAR revenues. Risks include negative profitability, very low liquidity, and the large gap between current price and historical highs. Investors should weigh thin market structure against any strategic updates from Shanghai headquarters.

Final Thoughts

The volume spike that ended the XETRA session on 27 Feb 2026 highlights how low liquidity amplifies moves in FZKA.F stock. At €0.61, the share price reflects extremely thin trading and negative earnings power, with EPS -53.96 and negative margins. Meyka AI’s forecast model projects a €0.80 12-month target, an implied +31.15% upside from today. We also outline scenario targets: a conservative downside target of €0.50 implies -18.03%, while a bullish target of €2.00 implies +227.87%. These scenarios reflect both the stock’s volatile history and current low liquidity. Remember that the Meyka grade (B, HOLD) and the forecast are model outputs only; they are not investment advice. Monitor volume patterns, company updates, and sector trends in Technology, since broader sector momentum can change risk appetite fast.

FAQs

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.