A$0.91 PGH.AX Pact Group (ASX) pre-market 03 Feb 2026: oversold bounce watch

PGH.AX stock trades at A$0.91 pre-market on 03 Feb 2026, flagged as an oversold bounce candidate after volume surged to 322,406 shares (rel. volume 3.27). Price sits near the 200-day average A$0.90, with a 50-day mean at A$0.81, suggesting short-term mean-reversion potential. We view the setup as a tactical bounce trade rather than a conviction buy because leverage and free cash flow remain constrained. This piece breaks down price action, valuation, technical triggers, Meyka AI grading, and practical trade targets for ASX-listed Pact Group Holdings Ltd (PGH.AX).