Pre-market most active GAZ.DE PJSC Gazprom XETRA €2.70 09 Jan 2026: Liquidity check
GAZ.DE stock is the clear pre-market leader on XETRA at €2.70, trading 11,982,787 shares so far and showing a relative volume of 4.71. That surge makes PJSC Gazprom (GAZ.DE) the most active German-listed energy name this morning, driven by wide valuation gaps versus peers. Early trading ranges run from €2.51 to €3.40, with the 50-day average at €4.25 and the 200-day average at €6.82, suggesting large short-term dispersion. We examine why liquidity is high, how fundamentals stack up, and what our models and the market are pricing for the rest of January 2026.
Pre-market volume and price action for GAZ.DE stock
GAZ.DE stock opened at €3.34 and is trading around €2.70 in pre-market on XETRA with a day range of €2.51–€3.40 and 11,982,787 shares changing hands. Volume is more than four times the average daily volume of 2,543,152, which explains the title of most active today and points to short-term traders dominating order flow. The immediate price gap to the 50-day average (€4.25) highlights a volatile intraday setup for momentum and mean-reversion strategies.
GAZ.DE stock valuation snapshot and key metrics
Valuation shows an unusually low price multiple: the market-level PE reads 0.88 and EPS is €3.06, while price-to-book is 0.18, signalling deep discount versus Energy peers (sector avg PE 21.97). Enterprise value stands at approximately €3,153,488,000,000.00 and the balance sheet shows cash per share €189.55 and book value per share €1,426.65, supporting a value-case thesis. Key ratios include debt-to-equity 0.32, current ratio 1.54, and interest coverage 6.42, implying a manageable leverage profile relative to cash flow.
Earnings, cash flow and dividend context for GAZ.DE stock
Gazprom reports strong cash generation with operating cash flow per share €255.06 and free cash flow per share €91.49, yielding a payout ratio of 14.52% historically. There is no firm dividend yield listed in the XETRA quote today, and earnings announcements are not scheduled in the immediate calendar, so cash flow visibility will steer market expectations. Analysts and investors are watching commodity prices and Russian export volumes as the primary drivers behind next-quarter reported earnings.
Technicals and trading activity for GAZ.DE stock
Technicals show a steep short-term downtrend: the current price €2.70 sits well below the 50-day (€4.25) and 200-day (€6.82) averages, and the year high is €9.44 with a year low €2.51. High relative volume (4.71x) combined with an open at €3.34 suggests aggressive selling in early hours followed by fast re-pricing. Short-term traders should watch €2.51 as immediate support and €3.40 as the first resistance; a break of either level often sets intraday direction.
Meyka AI rating, model forecast and price targets for GAZ.DE stock
Meyka AI rates GAZ.DE with a score out of 100: 68.83 | Grade: B | Suggestion: HOLD. This grade factors S&P 500 comparison, sector and industry benchmarks, financial growth, key metrics and analyst consensus. Meyka AI’s forecast model projects a base-case target of €4.50 (implied upside 66.67% vs current €2.70), a conservative scenario €2.00 (implied downside -25.93%), and a bull case €8.00 (implied upside 196.30%). Forecasts are model-based projections and not guarantees; use them as one input for risk management.
Risks, opportunities and sector outlook for GAZ.DE stock
Key risks include geopolitical and regulatory shifts that affect Russian gas flows, commodity price swings, and sanctions that could alter market access; these factors can compress liquidity quickly. Opportunities are valuation-driven: low PB and PE multiples plus strong free cash flow provide a potential recovery path if export volumes normalise. In the Energy sector context, Gazprom trades at a steep discount to the sector average PE 21.97, leaving room for re-rating should fundamentals or market access improve.
Final Thoughts
GAZ.DE stock is the most active pre-market name on XETRA due to a liquidity spike and a wide valuation gap. At €2.70, the stock sits far below its 50-day (€4.25) and 200-day (€6.82) averages and shows unusually high turnover of 11,982,787 shares versus an average of 2,543,152. Meyka AI’s model projects a base-case €4.50 price target, implying +66.67% upside, while a conservative target at €2.00 implies -25.93% downside; a bull case at €8.00 implies +196.30%. Our grade is 68.83 (B, HOLD) reflecting strong cash flow metrics—operating cash flow per share €255.06—but elevated event risk. Traders should prioritise liquidity and stop management; longer-term investors must weigh the deep value indicators against geopolitical and market-access risks. For live order flow and updated metrics see the Meyka AI-powered market analysis and primary sources below.
FAQs
Why is GAZ.DE stock so active pre-market today?
GAZ.DE stock is active because volume hit 11,982,787, driven by large orders and a wide gap versus moving averages. High relative volume (4.71x) often signals short-term traders repositioning around valuation and news flows.
What are the key valuation metrics for GAZ.DE stock?
Key metrics: price €2.70, EPS €3.06, PE 0.88, price-to-book 0.18, enterprise value €3,153,488,000,000.00. These suggest a deep value profile but also significant event risk.
What price targets does Meyka AI give for GAZ.DE stock?
Meyka AI’s model lists a base-case €4.50 (up 66.67%), conservative €2.00 (down -25.93%), and bull €8.00 (up 196.30%). Forecasts are model projections and not guarantees.
Is GAZ.DE stock a buy for long-term investors?
Meyka AI currently rates GAZ.DE 68.83 (B, HOLD). Strong cash flow and low multiples support a value case, but geopolitical and access risks argue for caution before adding to long-term positions.
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.
