Why did EGL.AX stock spike pre-market?

EGL.AX stock spiked pre-market after management flagged a push to **70.00%** recurring revenue and service growth on its Half Year 2026 call, which can trigger trading interest and short-term volume increases.

What are the key valuation figures for EGL.AX stock?

Key metrics: price **A$0.23**, EPS **A$0.01**, PE **23.00**, PB **1.92**, EV/EBITDA **11.72**. These show mixed value relative to industrial peers and highlight attention to cash flow metrics.

What does Meyka AI forecast for EGL.AX stock?

Meyka AI's forecast model projects a yearly price of **A$0.23** and a quarterly level of **A$0.25**. Forecasts are model-based projections and not guarantees; they imply short-term upside of **8.70%** to the quarterly level.

What should traders watch after the volume spike in EGL.AX stock?

Traders should watch a sustained close above **A$0.25** for breakout confirmation, company contract updates, cash flow releases, and daily volume relative to the **210,381** average to confirm momentum.

AU Stocks

Pre-market volume spike: EGL.AX Environmental Group (ASX) 21 Feb 2026 watch

ByHuzaifa Zahoor February 20, 2026

A pre-market volume spike sent EGL.AX stock higher to A$0.23, up 6.98% from the previous close. Trade shows 152,000 shares executed pre-market versus an average daily volume of 210,381, with the stock trading at its intraday band of A$0.23. This move arrives after the company emphasised a push to grow recurring service revenues, and it sets a short-term test against the 50-day average price of A$0.24 and the 200-day average of A$0.25.