Why did 1460.HK stock drop sharply today?

1460.HK stock fell due to a high-volume sell-off that broke the 50-day average. No single company headline appeared; likely profit-taking and broader tech flows. Volume was **3,432,000** versus average **1,262,103**, indicating outsized selling pressure.

What is the near-term price target for 1460.HK stock?

Meyka AI's short-term targets are **HK$0.30** monthly and **HK$0.33** quarterly. The model-year target is **HK$0.35**, implying about **62.82%** upside versus today's **HK$0.217**. Forecasts are model projections, not guarantees.

Is ICO Group Limited (1460.HK) a value buy after the drop?

Valuation metrics are attractive: PB **0.33** and PE near **10.85**, with strong current ratio **2.23**. The Meyka AI grade is **B (68.57)** with a HOLD suggestion, so investors should weigh sector risk and liquidity before buying.

HK Stocks

1460.HK ICO Group (HKSE) down 18% to HK$0.217 on 07 Feb 2026: traders’ focus

ByDanny Kontos February 7, 2026

The 1460.HK stock plunged 18.11% intraday to HK$0.22 (HK$0.217) on 07 Feb 2026 on the HKSE, driven by a sharp volume surge to 3,432,000 shares. Today’s drop broke below the 50-day average price of HK$0.30 and the 200-day average of HK$0.29, signalling heavy short-term selling. Traders cited no single headline but flagged relative overhang and profit-taking after a recent YTD decline of 23.86%. We use price action, fundamentals and Meyka AI models to explain the move and outline realistic near-term targets