0704.HK Huscoke (HKSE) jumps 54.76% to HK$0.13 intraday: high-volume risk-reward
Intraday, 0704.HK stock led high-volume movers on 13 Jan 2026, rallying 54.76% to HK$0.13 on turnover of 6,794,195.00 shares. The spike lifted the day high to HK$0.13 from an open of HK$0.095, and pushed volume 1.51x the 50-day average. Traders should treat today as a volatility event tied to sector flows and liquidity, and compare the intraday move to the stock’s year range of HK$0.04–HK$0.43 for context.
Intraday volume and price action for 0704.HK stock
0704.HK stock climbed 54.76% to HK$0.13 on 13 Jan 2026 with 6,794,195.00 shares traded, versus an average volume of 4,507,172.00. This creates a relative volume of 1.51, signalling outsized intraday interest.
The session range was HK$0.09–HK$0.13 with an open at HK$0.095 and previous close HK$0.084. The move accounts for a sharp short-term repricing from recent lows, and traders should watch whether follow-through volume sustains gains.
Fundamentals and valuation of Huscoke Holdings: 0704.HK stock
Huscoke Holdings Limited (0704.HK) trades on the HKSE with market cap HK$112,387,080.00 and shares outstanding 864,516,000.00. Reported EPS is -0.11 and trailing PE is -1.18, reflecting a recent net loss and negative earnings yield.
Balance-sheet metrics show book value per share HK$3.63 and price-to-book 0.04, suggesting the market price is far below accounting book value. Liquidity is thin: current ratio 0.25 and cash per share HK$0.00 (rounded), which raises short-term working-capital risks.
Technical indicators and short-term triggers for 0704.HK stock
Technically, 0704.HK stock shows an RSI of 41.96, ADX 25.88 (indicating a defined trend), and MACD near -0.01 with a flat histogram. Bollinger Bands are 0.06–0.12 with a middle band at 0.09, which places today’s close at the upper band.
Key levels: immediate support is near HK$0.09 (session low and BB middle), and resistance sits at the 50-day average HK$0.14 and the yearly high HK$0.43. Low free-float and shallow order book can exaggerate price moves.
Meyka AI rating and grade for 0704.HK stock
Meyka AI rates 0704.HK with a score out of 100. Meyka AI assigns a score of 59.63 (Grade C+) with a suggestion: HOLD. This grade factors S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
Note: the company rating from external providers dated 2026-01-12 gives a rating C and recommendation Sell, highlighting mixed signals between balance-sheet strength and low price-to-book. Grades are informational and not financial advice.
Forecasts, price targets and scenarios for 0704.HK stock
Meyka AI’s forecast model projects monthly HK$0.09, quarterly HK$0.15, and yearly HK$0.13 for 0704.HK stock. Compared with the current price HK$0.13, the yearly forecast implies an expected change of -3.27%.
We set a base 12‑month price target HK$0.16 (implied upside 23.08%), a bull case HK$0.30 (upside 130.77%), and a conservative bear case HK$0.08 (downside -38.46%). Forecasts are model-based projections and not guarantees.
Risks and catalysts affecting 0704.HK stock
Primary risks: coal-sector price swings, tight current liquidity with current ratio 0.25, and negative net margins of -44.05%, which increase default risk during weak demand.
Potential catalysts: stronger coke demand or margin recovery in China, asset disposals that unlock book value, and directional sector flows that can lift thinly traded names quickly.
Final Thoughts
0704.HK stock was a clear intraday high-volume mover on 13 Jan 2026, jumping to HK$0.13 on 6,794,195.00 shares as traders chased a low-float, deeply discounted energy name. Fundamentals remain mixed: book value per share HK$3.63 contrasts with negative EPS -0.11 and thin liquidity, so price swings can be sharp and unpredictable. Meyka AI’s grade (score 59.63, Grade C+, HOLD) reflects that tension between balance-sheet assets and operational weakness. For traders, short-term plays should prioritise volume confirmation and stop discipline; for investors, the base target HK$0.16 and the yearly model forecast HK$0.13 frame a narrow near-term view. All models have limits — forecasts are projections, not guarantees — and investors should cross-check filings and sector flows before acting. For the real-time quote and updates visit our Meyka stock page for 0704.HK and follow related market coverage source source. Meyka AI is our AI-powered market analysis platform providing this data-driven snapshot.
FAQs
What drove the intraday move in 0704.HK stock today?
The intraday gain was driven by a volume spike to 6,794,195.00 shares and buying interest in a low-float coal/ coke name, pushing the price to HK$0.13 from HK$0.084 the prior close.
Is 0704.HK stock cheap on valuation?
Price-to-book is 0.04 versus book value HK$3.63, which looks cheap on a raw accounting basis, but negative EPS -0.11 and weak current ratio 0.25 raise operational and liquidity concerns.
What are realistic short-term targets for 0704.HK stock?
Short-term scenarios: base target HK$0.16, bull HK$0.30, bear HK$0.08. These reflect volatility and a model yearly forecast near HK$0.13; not guaranteed outcomes.
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.
