ATV.AX up 36.84% intraday 03 Jan 2026 ASX: volume spike suggests rally
ATV.AX stock is leading intraday gains on the ASX after jumping 36.84% to A$0.026 on 03 Jan 2026, driven by a 3.63M share volume spike versus an average 7.80M. The move follows steady recovery from a A$0.007 year low and a one‑month trading range that shows higher intraday interest. We track price action, valuation metrics and catalysts shaping short‑term momentum on the ASX in this intraday top‑gainers report.
Intraday price action and drivers
ActivePort Group Ltd (ATV.AX) opened at A$0.019 and rallied to a day high of A$0.026 on 03 Jan 2026, up A$0.007 or 36.84% from the previous close of A$0.019. Volume for the session is 3,632,642 shares versus an average volume of 7,802,818, indicating elevated but still below‑average trading interest. The immediate driver appears to be short‑term buying after recent three‑month gains of 170.00% and improving sentiment in the Technology sector on the ASX.
Fundamentals snapshot
ActivePort Group Ltd is a West Perth‑based information technology services company with a market cap of A$17,861,403 and 686,977,024 shares outstanding. Key metrics: EPS TTM is -0.04, PE is -0.65, price to sales ratio is 1.86 and PB is 1.31. Book value per share is A$0.01983 and cash per share is A$0.00169. These numbers show early‑stage negative earnings but tangible book value roughly in line with the current A$0.026 market price.
Technical picture and Meyka stock grade
Technicals show oversold‑to‑neutral momentum: RSI 32.56, ADX 9.97 (no strong trend) and a short‑term bounce from the 50‑day average of A$0.02366. Meyka AI rates ATV.AX with a score out of 100: 72.02 giving a Grade B+ and a suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. These model outputs are informational and not financial advice.
Valuation, forecasts and price targets
Meyka AI’s forecast model projects a quarterly price of A$0.06 and a monthly median near A$0.02 based on short‑term momentum and company metrics. Compared to the current price of A$0.026, the A$0.06 forecast implies an upside of 130.77% while the A$0.02 monthly projection implies downside of -23.08%. There is no official analyst price target consensus available; we present the model range as scenario guidance and note forecasts are model‑based projections and not guarantees.
Catalysts, sector context and risks
Potential catalysts include contract wins for SD‑WAN or orchestration services, positive trading updates and any re‑rating in the Technology sector, which has YTD strength of 20.00% among ASX technology names. Key risks are continued negative EPS, thin liquidity relative to large‑cap peers, and stretched receivables (days sales outstanding 162.08). Debt metrics are modest (debt/equity 0.29) but operating cash flows are negative, which increases execution risk for growth initiatives.
Trading notes and strategy for intraday gainers
For intraday traders, the priority is liquidity and defined risk: set tight stops given high volatility and low average volume. Use the A$0.019 open and A$0.026 high as intraday reference points. Swing traders should weigh the B+ Meyka grade against negative margins and focus on volume confirmation above 4.0M to validate follow‑through. Institutional investors will likely wait for sustained revenue growth and improved operating cash flow before increasing position size.
Final Thoughts
ActivePort Group Ltd (ATV.AX) is the ASX top gainer on 03 Jan 2026 after a 36.84% intraday jump to A$0.026 on elevated trade. The stock remains early stage: negative EPS (TTM -0.04) and negative operating cash flow per share (A$ -0.00669) contrast with a PB of 1.31 and book value per share A$0.01983. Meyka AI’s models provide a scenario range — a conservative monthly view at A$0.02 and a quarterly projection at A$0.06 — giving implied downside of -23.08% and upside of 130.77% from today’s price. Meyka AI, an AI‑powered market analysis platform, rates ATV.AX B+ (72.02) factoring sector comparatives, growth and financial metrics; this grade highlights potential upside but does not remove execution risk from negative margins and thin liquidity. Short‑term traders should watch volume confirmation and price reclaim of A$0.02366 (50‑day average) for conviction, while longer‑term investors should look for improving cash flow and recurring contract announcements before adding exposure. Forecasts are model‑based projections and not guarantees; maintain position sizing discipline and use stop limits to manage risk.
FAQs
The intraday 36.84% spike to A$0.026 was driven by a volume surge to 3.63M shares and short‑term buying after recent recovery from the A$0.007 year low, combined with sector strength in ASX technology names.
Key metrics: market cap A$17.86m, EPS TTM -0.04, PE -0.65, P/S 1.86, P/B 1.31, book value per share A$0.01983 and cash per share A$0.00169, reflecting negative earnings but some tangible book value.
Meyka AI’s forecast model projects a quarterly price of A$0.06 and a monthly level near A$0.02. From A$0.026 today those imply +130.77% upside and -23.08% downside respectively; forecasts are projections, not guarantees.
Meyka AI rates ATV.AX with a score out of 100: 72.02 (Grade B+, suggestion: BUY). The grade factors S&P benchmark comparison, sector performance, growth, key metrics and analyst signals; it is informational and not personalised advice.
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.
