21 Jan 2026 MR7.SI +4.49% at S$0.465 on SES volume spike: watch setup
MR7.SI stock is trading at S$0.465 on SES in intraday trade on 21 Jan 2026, up 4.49% from yesterday and hitting the session high of S$0.465. Volume is elevated at 122,200.00 shares against an average of 120,685.00, signalling higher-than-usual activity for Nordic Group Limited (MR7.SI). The move follows steady 3-month gains of 15.19% and a 12-month rise of 31.88%, suggesting renewed interest from traders and institutions in the Industrials sector.
Intraday snapshot: MR7.SI stock
Nordic Group Limited (MR7.SI) is trading on the Singapore Exchange (SES) at S$0.465 with a day range S$0.455–S$0.465 and a previous close of S$0.445. Market cap stands at S$181,322,915.00 and shares outstanding are 398,511,900.00. The stock’s 50-day average is S$0.43 and 200-day average is S$0.39, indicating price strength versus longer-term trend.
Volume drivers and why this move matters
Trading volume of 122,200.00 today exceeds the average 120,685.00 and shows a reported relative volume near 4.08, suggesting heavy intraday interest compared with normal liquidity. High volume on a price uptick often reflects fresh buying or short-covering; for MR7.SI stock that can attract momentum traders and trigger short-term reversals.
Sector flows in Industrials are supportive: the Industrials sector has posted a 3-month pick-up while Nordic’s 3‑month return is 15.19%, making MR7.SI visible to active funds reallocating to engineering and construction names.
Fundamentals and valuation for MR7.SI stock
Nordic reports EPS of S$0.04 and a trailing PE around 11.38, below many growth peers in Industrials. Key metrics show price-to-sales 1.09, price-to-book 1.36, and dividend yield near 3.79% (dividend per share S$0.0173). Balance-sheet ratios are conservative with debt-to-equity 0.34 and current ratio 1.69, supporting cash flow resilience.
Technical view, indicators and Meyka grade
Technically, MR7.SI shows a bullish short-term pattern with the day high matching its 52-week high S$0.465 and RSI around 41.94, leaving room to run before overbought conditions. Momentum oscillators are mixed; CCI and Stochastic readings suggest oversold pockets prior to today’s move.
Meyka AI rates MR7.SI with a score out of 100: 74.72 (B+) — BUY. This grade factors S&P 500 comparison, sector and industry metrics, financial growth, key ratios, forecasts and analyst consensus. The grade reflects solid free cash flow yield (13.82%) and interest coverage (12.83). Grades are not guarantees and we are not financial advisors.
Price forecasts and MR7.SI stock targets
Meyka AI’s forecast model projects a 12‑month target of S$0.54, a 3‑year target of S$0.75 and a 5‑year target of S$0.96. Compared with the current price S$0.465, the 12‑month model implies an upside of 16.92%. Shorter-term model outputs include a quarterly pivot near S$0.44 and a monthly range centered on S$0.15, showing scenario variance. Forecasts are model-based projections and not guarantees.
Risks, catalysts and trading considerations
Key risks include project timing in engineering contracts, receivables cycle (days sales outstanding 158.21) and sector cyclicality tied to oil, gas and manufacturing capex. Catalysts that could sustain the move are contract wins, higher orderbook visibility or better-than-expected earnings on 25 Feb 2026. For short-term traders, monitor volume confirmation and the S$0.44–S$0.47 support-resistance band.
Final Thoughts
MR7.SI stock traded at S$0.465 on SES on 21 Jan 2026 with 122,200.00 shares changing hands, a modest volume surge that coincided with a 4.49% intraday gain. Fundamentals support the move: EPS S$0.04, PE 11.38, free cash flow yield 13.82%, and net debt to EBITDA near 0.55. Meyka AI’s forecast model projects a 12‑month target of S$0.54 (implied upside 16.92% versus S$0.465), while the B+ grade signals favourable risk-adjusted metrics relative to peers. Short-term traders should watch whether volume sustains above the average 120,685.00 and whether earnings on 25 Feb 2026 beat expectations. Use stop discipline near S$0.44 and consider the model targets for position sizing. For additional data and live updates see Nordic on Meyka and the market compare note source. Forecasts are model-based projections and not guarantees.
FAQs
What caused the MR7.SI stock move today?
Today’s MR7.SI stock rise to S$0.465 was driven by above-average trading interest (volume 122,200.00) and momentum into Industrials names. No major company announcement was posted intraday; flows appear trade-driven and tied to sector rotation and positioning.
What is Meyka AI’s 12‑month MR7.SI stock target?
Meyka AI’s forecast model projects a 12‑month target of S$0.54, implying about 16.92% upside from the current S$0.465. These figures are model projections and not guarantees.
How risky is trading MR7.SI stock on this volume spike?
Risk factors include project timing, long receivables (DSO 158.21) and sector cyclicality. Use stop-loss discipline near S$0.44 and confirm moves with sustained volume above the average 120,685.00 before adding exposure.
When are MR7.SI earnings and what matters most?
Nordic’s next earnings announcement is on 25 Feb 2026. Investors should watch revenue visibility in engineering contracts, margin trends and free cash flow growth, which drive valuation and dividend coverage.
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.
