1ST.AX 1st Group Ltd (ASX) up 22.22% pre-market to A$0.011: forecast points to A$0.007
The 1ST.AX stock jumped 22.22% in pre-market trade on 10 Jan 2026 to A$0.011, driven by heavy volume of 2,075,140 shares. The move follows renewed trading interest in small-cap healthcare names and a tight float that amplifies intraday moves. Investors should note the stock’s negative EPS of -0.01 and thin liquidity while watching short-term technicals and the company’s marketplace growth. Meyka AI’s platform flagged the move and factors it into our intraday monitoring for ASX healthcare small caps.
Price action and volume for 1ST.AX stock
Pre-market trade shows 1ST.AX at A$0.011, up A$0.002 (22.22%) from yesterday’s close of A$0.009. Volume stood at 2,075,140 versus an average volume of 678,621, giving a relative volume of 3.06. The one-day spike is consistent with short-covering and retail interest in low-priced ASX names. The year high is A$0.015 and year low A$0.004, so the current print is nearer the upper year range and testable resistance.
Fundamentals and valuation snapshot
1st Group Limited (1ST.AX) has a market capitalisation of A$15,586,889 and reported EPS of -0.01, producing a negative reported PE of -1.10. Price-to-sales is 3.49 and price/book is effectively negative due to negative book value per share. The company shows a current ratio of 0.83, cash per share of 0.00110, and operating cash flow per share of -0.00278, indicating tight working capital and recurring losses. These fundamentals explain the stock’s volatility despite its marketplace and telehealth offerings.
Meyka AI rates 1ST.AX with a score out of 100
Meyka AI rates 1ST.AX with a score of 69.55 out of 100 and assigns a B (HOLD) suggestion. This grade factors in S&P 500 benchmark comparison, sector performance, industry peers, financial growth, key metrics, forecasts, and analyst consensus. The grade reflects small-cap risk, negative earnings, but some revenue traction from MyHealth1st and GoBookings. These grades are not guaranteed and are for informational use only.
Technical levels, moving averages and price targets for 1ST.AX stock
Short-term support sits near the 50-day average of A$0.009 and the 200-day average near A$0.008. Immediate resistance is the year high at A$0.015. Our technical view sets a conservative base price target of A$0.011, a cautious downside (bear) target at A$0.005, and a bullish target at A$0.020 if volume sustains and fundamentals improve. Traders should watch order book depth and use small position sizing given the stock’s low float and high intraday volatility.
Sector context, catalysts and news flow
1ST.AX operates in the ASX Healthcare sector, which shows modest YTD performance and continued investor interest in digital health and telehealth solutions. Catalysts that could move shares include contract wins for GoBookings, SaaS revenue acceleration, or telehealth device deployments. Broader market headlines on healthcare or small-cap flows can amplify moves; see market coverage from Bloomberg and Reuters. For a quick stock page, see Meyka’s profiling of 1ST.AX at https://meyka.ai/stocks/1ST.AX.
Risks and opportunities for investors
Key risks: negative earnings (EPS -0.01), weak liquidity, long days payable and tight cash runway indicated by working capital deficit. Opportunities: scaling MyHealth1st marketplace, corporate SaaS growth via GoBookings, and telehealth integrations. Given the company’s small market cap of A$15.59m, any operational update or funding news will likely drive outsized price moves.
Final Thoughts
Key takeaways: 1ST.AX stock is trading at A$0.011 after a 22.22% pre-market lift on 2,075,140 shares, reflecting high short-term interest and thin liquidity. Fundamentals remain challenged with EPS -0.01, negative book value, and a current ratio under 1.0, so volatility is likely to continue. Meyka AI’s forecast model projects A$0.00718 in 12 months, implying an approximate -34.75% downside versus today’s price. Our technical targets range from a cautious A$0.005 (bear) to A$0.020 (bull), with a base scenario at A$0.011. Forecasts are model-based projections and not guarantees. Investors should treat positions as speculative, use tight risk limits, and monitor company announcements and volume spikes for confirmation before adding exposure.
FAQs
Why did 1ST.AX stock jump pre-market today?
The pre-market jump to A$0.011 came on heavy volume of 2,075,140 shares and thin float. Moves at this price level often reflect short-covering, retail buying, or a liquidity squeeze rather than fundamental changes.
What is Meyka AI’s forecast for 1ST.AX stock?
Meyka AI’s forecast model projects A$0.00718 in 12 months, implying about -34.75% from the current A$0.011. Forecasts are model-based projections and not guarantees.
What are the main risks for 1st Group Limited (1ST.AX)?
Major risks include negative EPS (-0.01), weak liquidity, working capital deficits, and a small market cap of A$15.59m. Operational or funding setbacks could sharply impact the share price.
What price targets should traders watch for 1ST.AX stock?
Watch support near A$0.008–A$0.009 (50/200-day averages), resistance at A$0.015 (year high). Price targets: bear A$0.005, base A$0.011, bull A$0.020 depending on volume and news.
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.
