Is PRG.AX stock a buy after the recent drop?

PRG.AX stock presents a tactical oversold bounce setup, but low liquidity and mixed ratings suggest small sized entries with tight stops. Fundamental value exists, yet confirmation via volume above 5,000 shares or a move over A$1.50 is advisable.

What price targets should traders watch for PRG.AX stock?

Traders can watch quick bounce targets at **A$1.50** and **A$1.70**, with the next resistance near the year high **A$1.90**. Meyka AI’s quarter model sits at **A$1.42** and monthly model at **A$2.67** as scenario guides.

How do fundamentals support an oversold bounce in PRG.AX stock?

PRG.AX stock trades at **PE 15.39** and **EV/EBITDA 5.37**, with a dividend yield near **2.89%**, implying value relative to sector peers. Those metrics support a mean-reversion trade, subject to liquidity and news.

What are the main risks for PRG.AX stock holders?

Key risks: thin trading volume, a recent external D+ rating, and reliance on commodity and logistics contracts. Low liquidity can magnify losses and make exits difficult for larger positions.

AU Stocks

PRG.AX drops 4.79% to A$1.39 on 05 Feb 2026: watch for oversold bounce

ByDanny Kontos February 5, 2026February 5, 2026

PRG.AX stock closed at A$1.39 on 05 Feb 2026 after a 4.79% intraday fall, setting a clear oversold bounce setup for short-term traders. Volume was thin at 405 shares versus an average of 5,475, which raises liquidity risk but also sharpens the bounce probability. PRL Global Ltd. (PRG.AX) trades on the ASX in AUD and shows a trailing PE of 15.39 and EPS A$0.09, numbers that matter when weighing a tactical re-entry. We use price, fundamentals, and Meyka AI’s model to frame realistic targets and risk points.