GAZ.DE most active on XETRA 02 Jan 2026: €2.70, 11.98M vol, valuation in focus
GAZ.DE (GAZ.DE) was the day’s most active name on XETRA on 02 Jan 2026, printing 11,982,787.00 shares and closing at €2.70. The session range ran from €2.51 to €3.40 while average 50-day and 200-day prices sit at €4.25 and €6.82 respectively, underscoring heavy selling pressure. Volume was 4.71 times the average of 2,543,152.00, keeping Gazprom at the centre of Energy sector flows in Germany (EUR). We use this trading spike to examine valuation, cash generation, sector context and near-term catalysts with Meyka AI data and market sources.
Trading snapshot and liquidity
GAZ.DE closed at €2.70 with a session low of €2.51 and high of €3.40; volume was 11,982,787.00 versus avg volume 2,543,152.00, a relative volume of 4.71, marking it the most active XETRA stock on 02 Jan 2026. The big intraday range and elevated turnover show active repositioning by institutional and retail traders in Germany (EUR).
Valuation: deep discount to sector
Gazprom’s trailing P/E is 0.88 with EPS €3.06 and price to book 0.18, versus Energy sector average P/E roughly 21.44, highlighting an extreme valuation gap. Enterprise value to EBITDA is 0.77 and EV stands at €3,153,488,000,000.00, which combined with ROE 14.16% suggests the market is pricing heavy operational and sovereign risk into the stock rather than poor fundamentals alone.
Cash flow and balance sheet metrics
Operating cash flow per share stands at €255.06 and free cash flow per share at €91.49, signalling strong cash generation against capex per share €163.57. The company reports cash per share €189.55 and debt to equity 0.32, supporting an interest coverage ratio 6.42 and a current ratio 1.54 — metrics that point to a resilient cash position despite market uncertainty.
Technical picture and market context
Price sits well below the 50-day average €4.25 and 200-day average €6.82, reflecting a pronounced downtrend on XETRA and a disconnect with the Energy sector rally over the past year. Short-term traders likely see mean-reversion potential while longer-term holders face high volatility driven by macro and geopolitical factors in Russia-linked energy flows.
News flow, catalysts and risks
No earnings announcement was scheduled at the time of close, and recent feed mentions trading commentary on Markets Insider and Investing.com which tracked daily volume and quotes for Gazprom listings; see Markets Insider and Investing.com for live tickers. Key risks remain geopolitical and regulatory exposure in Russia, commodity price swings and liquidity re-rating. Catalysts would include clearer export receipts, dividend policy updates or shifts in European gas demand fundamentals.
Meyka stock grade and analyst framing
Meyka AI rates GAZ.DE with a score out of 100: 68.83 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics and analyst consensus. The rating balances strong cash flow and low P/B against material geopolitical and market risks; this is informational only and not financial advice. Meyka AI is the AI-powered market analysis platform used to generate this view.
Final Thoughts
Key takeaways: GAZ.DE closed at €2.70 on XETRA on 02 Jan 2026 after trading 11,982,787.00 shares, making it the market’s most active name and underlining extreme investor interest. Fundamentals show robust cash flow with operating cash flow per share €255.06 and free cash flow per share €91.49, while valuation metrics such as P/E 0.88 and P/B 0.18 appear deeply discounted versus the Energy sector P/E around 21.44. Technicals show the share price trading below the 50-day €4.25 and 200-day €6.82 averages, signalling a medium-term downtrend. Meyka AI’s forecast model projects a base-case price target of €4.50, implying upside 66.67% from the current €2.70; a conservative downside scenario of €2.00 implies downside -25.93%. Forecasts are model-based projections and not guarantees. Investors should weigh strong cash metrics and low multiple against geopolitical exposure and potential liquidity constraints when considering GAZ.DE stock for portfolios.
FAQs
High turnover reflected in volume 11,982,787.00 and relative volume 4.71 drove GAZ.DE to top activity on XETRA on 02 Jan 2026, as traders reacted to valuation spreads, cash-flow metrics and shifting risk sentiment toward Russian energy assets.
Gazprom trades at P/E 0.88 and P/B 0.18 versus Energy sector P/E ~21.44, signalling a large valuation discount that likely prices in geopolitical and market risk rather than operating weakness alone.
Operating cash flow per share €255.06, free cash flow per share €91.49 and cash per share €189.55 support liquidity; interest coverage 6.42 and debt to equity 0.32 indicate manageable leverage on reported figures.
Meyka AI’s forecast model projects a base-case target €4.50 versus current €2.70, implying upside 66.67%; forecasts are model-based projections and not guarantees and should be considered alongside risk factors.
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.
