After Hours 33.33% jump: 579.SI Oceanus Group Limited (SES) 28 Jan 2026
579.SI stock jumped 33.33% After Hours to S$0.004 on 28 Jan 2026 on the Singapore Exchange (SES). The move followed a low open at S$0.003 and a trading high at S$0.004, while volume reached 261100 shares. Traders flagged the price pop against a very low 50-day average of S$0.00398 and a 200-day average of S$0.004945. We review catalysts, liquidity, valuation, and the Meyka AI forecast for this high-volume mover.
Price action and volume: 579.SI stock after hours
Oceanus Group Limited (579.SI) closed After Hours at S$0.004, up 33.33% from the previous close of S$0.003. The intraday range was S$0.003–S$0.004, and reported volume was 261100 shares, well below the 50-day average of 8,957,719. The price spike on low absolute volume suggests news-driven buying or a block trade rather than broad retail participation.
Fundamentals and valuation for 579.SI stock
Oceanus operates in Consumer Defensive, mainly food distribution and aquaculture. Key metrics show EPS 0.01 and a reported PE of 0.30 in the quote data, but deeper TTM ratios show PE around 37.88 and PB near 8.29. The company reports a current ratio of 1.49 and debt to equity of 1.63, indicating leverage that investors must weigh against modest profit margins.
Technical setup and Meyka Grade
Technicals show a relative weakness with RSI 36.23 and CCI -107.33, signalling oversold to neutral momentum despite the jump. Meyka AI rates 579.SI with a score out of 100: 71.58, grade B+, suggestion BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
News catalysts and sector context for 579.SI stock
No major company press release was recorded in the quote payload, but sector benchmarks and peer comparisons can influence the stock. See recent peer comparison pages on Investing.com for context source and benchmark analysis source. The Consumer Defensive sector in Singapore shows stronger relative performance year-to-date, which may support selective rebounds for small caps.
Liquidity, trading risk and order-flow signals
Average daily volume is 8,957,719, giving a relative volume of 0.11 today, so liquidity remains thin for large orders. On-book OBV is negative at -90,826,400, indicating longer-term selling pressure. Short-term traders should treat moves as volatile and expect wide spreads and rapid reversals.
Price targets, forecasts and downside scenarios
Analyst consensus is not available publicly, so we set pragmatic targets. A near-term tactical target is S$0.006, aligned with the recent year high of S$0.007. A conservative downside support sits near S$0.002, implying about -50.00% from current levels if selling resumes. Position sizing should reflect the stock’s low liquidity and elevated debt metrics.
Final Thoughts
Short-term traders will note the After Hours bounce in 579.SI stock to S$0.004 on 28 Jan 2026, up 33.33% on modest absolute volume. Fundamentals are mixed: operating margins and cash flows exist, but leverage and a high PB ratio add risk. Meyka AI’s forecast model projects a yearly level near S$0.001 versus today’s S$0.004, implying a model-based downside of about -75.00%; forecasts are model-based projections and not guarantees. For active traders the key insight is liquidity risk: the stock can gap on small orders. Long-term investors should wait for clearer earnings guidance and lower leverage before increasing exposure. Use tight stops and limit orders when trading on the SES, and consult the Meyka AI-powered market analysis platform for live updates.
FAQs
What drove the After Hours move in 579.SI stock on 28 Jan 2026?
The After Hours jump to S$0.004 showed a 33.33% rise from S$0.003. Trading suggests a news or block-trade catalyst, but public filings did not list a clear material announcement in the quoted data.
What is Meyka AI’s view on 579.SI stock?
Meyka AI rates 579.SI 71.58/100 with grade B+ and suggestion BUY. The grade factors in benchmarks, sector comparison, growth, key metrics, and analyst signals.
What price target and risk should investors consider for 579.SI?
A tactical near-term target is S$0.006 and downside support near S$0.002. High leverage and thin liquidity increase downside risk, so use small position sizes.
How reliable is the Meyka AI forecast for 579.SI stock?
Meyka AI’s forecast model projects S$0.001 for the year. Forecasts are model-based projections and not guarantees. Always combine models with fundamentals and news checks.
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.
