Ignite Limited
Ignite Limited (IGN.AX) Stock Overview
Explore Ignite Limited’s financial performance, market position, analyst ratings, and future outlook.
Key Financials
Key Financials
Market Cap
24.7M
P/E Ratio
25.45
EPS (TTM)
$0.06
ROE
0.13%
IGN.AX Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of Ignite Limited (IGN.AX) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of F, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
The current technical analysis reveals key indicators including an RSI of 82.67, suggesting the stock is in an overbought condition. Our forecasting models predict significant price movements, with a 12-month target of $0.51.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 25.45 and a market capitalization of 24.7M. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Technical Indicators
Company Profile
Ignite Limited, together with its subsidiaries, provides specialist recruitment, on-demand information technology, and people services in Australia and New Zealand. It offers contingent labour and permanent recruitment services; and outsourced recruitment and human resource consulting services. The company is also involved in the provision of pre-qualified information technology resources to deliver on demand solutions. It serves IT, digital, accounting, finance, business support, information management, architecture, construction, engineering, professional services, human resources, legal, and sales and marketing industries, as well as federal government. The company was formerly known as Clarius Group Limited. Ignite Limited was incorporated in 1984 and is headquartered in Sydney, Australia.
Lisa Hou
45
161 Castlereagh Street, Sydney, NSW
1997