OVT.AX Ovanti Ltd ASX at A$0.002 on 30 Jan 2026: heavy volume signals trader focus
OVT.AX stock closed the ASX session on 30 Jan 2026 at A$0.002 after a volume spike of 291,754,430 shares. Market closed with price unchanged from the open and a trading range between A$0.001 and A$0.002. Investors watched liquidity and valuation metrics, with trailing EPS at -0.01 and PB ratio at 0.23. This most‑active snapshot highlights short-term trading interest in Ovanti Ltd (ASX, Australia) and sets the tone for a cautious technical outlook.
OVT.AX stock: today’s price, volume and session summary
OVT.AX stock ended the day at A$0.002 on the ASX with a day low of A$0.001 and day high of A$0.002. Volume was 291,754,430 versus an average volume of 79,681,064, marking it among the day’s most active ASX listings. The company remains micro‑cap with market capitalisation around A$9,890,848 and 4,945,424,000 shares outstanding.
OVT.AX stock: fundamentals and valuation metrics
Ovanti Ltd reports trailing EPS of -0.01 and a negative PE of -0.94, reflecting recurring losses. Price to book sits at 0.23, and price to sales is near 3.35, showing low market valuation relative to book value. Current ratio is 1.77, and cash per share is 0.002, suggesting limited operational cushion but low debt with debt to equity of 0.00.
OVT.AX stock: technicals and trading signals
Technicals show the stock as oversold with RSI at 34.38 and CCI at -131.25. The 50‑day average price is A$0.004 and the 200‑day average is A$0.005, both above the current price. Short interest indicators are visible in on‑balance volume at -293,376,139, consistent with heavy turnover and distribution.
OVT.AX stock: sector context and macro drivers
Ovanti operates in Information Technology Services within the ASX Technology sector, which has a 6‑month YTD of mixed returns. Currency moves and regional fintech demand affect revenues because Ovanti serves Southeast Asia clients. For macro context on FX and market tone see Reuters and Investing.com sources source and source.
OVT.AX stock: Meyka grade, analyst signals and risks
Meyka AI rates OVT.AX with a score of 60.88 out of 100 — Grade B, Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. CompanyRating data (29 Jan 2026) shows mixed metric scores (DCF weak, balance sheet metrics stronger), underlining elevated model risk for small caps.
OVT.AX stock: outlook, catalysts and price targets
Meyka AI’s forecast model projects a 12‑month baseline near A$0.00124 and flags downside versus the current A$0.002. Price targets: bear A$0.001 (implied -50.00%), base A$0.002 (0.00%), bull A$0.005 (+150.00%). Key catalysts include the next earnings announcement on 2025-08-04 and contract wins in Malaysia or Indonesia. All targets are model‑based and not guarantees.
Final Thoughts
OVT.AX stock is trading at A$0.002 after a very active session on ASX on 30 Jan 2026 and shows signs of high short‑term interest but weak fundamentals. The company posts negative EPS (-0.01) and a low PB of 0.23, which signals balance‑sheet value but poor profitability. Meyka AI’s model projects a 12‑month baseline of A$0.00124, implying roughly -38.17% versus the current price on model inputs, while our suggested scenario range runs from A$0.001 to A$0.005. Traders should weigh liquidity and volatility — average volume is 79,681,064 while today’s turnover was 291,754,430 — and monitor regional fintech contracts and the next earnings date. For live order flow and updated charts visit our platform OVT.AX on Meyka. Forecasts are model‑based projections and not guarantees.
FAQs
What is the current price of OVT.AX stock?
OVT.AX stock closed at A$0.002 on 30 Jan 2026. The intraday range was A$0.001 to A$0.002 and volume reached 291,754,430 shares on the ASX.
What does Meyka AI forecast for OVT.AX stock?
Meyka AI’s forecast model projects a 12‑month baseline near A$0.00124 for OVT.AX stock. That implies model‑based downside versus the current price. Forecasts are model projections and not guarantees.
What are the main risks for OVT.AX stock?
Key risks include continued negative earnings (EPS -0.01), thin margins, dependence on Southeast Asian contracts, and high trading volatility given the concentrated share turnover.
Does Ovanti pay dividends or show strong cash flow?
Ovanti currently has no dividend yield and reports negative operating cash flow per share (-0.00209). Cash per share is low at 0.002, so dividend prospects are limited.
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.
