SHS Holdings (566.SI, SES) up 3.13% intraday 16 Jan 2026: volume hints breakout
The 566.SI stock is trading higher intraday on 16 Jan 2026 after a volume spike that pushed the price to S$0.13. Today the share rose 3.13% with 31,000 shares changing hands versus an average of 37,848. The move comes without fresh company news, so traders are testing the Industrials sector momentum and SHS Holdings Ltd.’s short-term technicals. We review the volume drivers, valuation, technical targets, and what Meyka AI’s model projects for near-term price action.
Intraday snapshot for 566.SI stock
SHS Holdings Ltd. (566.SI) on SES is at S$0.13, up 3.13% from yesterday’s S$0.13 open. Today’s range is S$0.12–S$0.13 and year range is S$0.11–S$0.16. Volume is 31,000 shares versus an average of 37,848, giving a relative volume of 0.82. Market capitalisation is about S$80.57m based on 610,353,412 shares outstanding.
Why the intraday move matters for 566.SI stock
There is no major company-specific announcement today, so the uptick looks driven by sector flows in Industrials. The Industrials sector shows positive short-term momentum with a 1.22% one-day sector gain. Short-term traders often treat SHS as a liquidity play because its float and daily volume are modest, making 31,000 shares material for price moves.
Fundamentals and valuation for 566.SI stock
SHS’s trailing metrics show mixed signals. Price to book is 0.57 with book value per share S$0.23, suggesting the market values the company below net book value. Reported PE (TTM) is 34.94, reflecting low trailing earnings per share. Free cash flow yield is 13.48% and dividend yield is 1.73% with a payout ratio of 60.73%. Balance-sheet metrics are conservative: current ratio 1.23 and debt to equity 0.33.
Technicals, volume and short-term price targets for 566.SI stock
Momentum indicators are neutral to positive. RSI is 53.64 and ADX is 40.49, signalling a strong trend. Price sits near the 50-day average (S$0.13) and above the 200-day average (S$0.13). A short-term technical target is S$0.16 (year high), an implied upside of 21.21% from S$0.13. A conservative near-term target aligns with Meyka’s monthly forecast of S$0.13, implying minimal change.
Meyka Grade & Forecast for 566.SI stock
Meyka AI rates 566.SI with a score out of 100: 62.76 (Grade B, HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a monthly price of S$0.13 and a quarterly price of S$0.07. Compared with the current price S$0.13, the monthly forecast implies -1.52% and the quarterly forecast implies -46.97%. Forecasts are model-based projections and not guarantees.
Risks and opportunities for 566.SI stock
Opportunity: undervalued book ratio and strong free cash flow yield support dividend sustainability and value investors. Risk: low liquidity and stretched PE mean a small change in earnings can swing valuation. Operationally, exposure to corrosion prevention and solar projects ties revenue to construction cycles and commodity costs, adding cyclical risk.
Final Thoughts
Short-term traders should watch volume more than headlines for 566.SI stock today. The intraday lift to S$0.13 on 31,000 shares shows the stock remains sensitive to flow and sector momentum. Fundamentals present a value case with price to book 0.57 and free cash flow yield 13.48%, but a trailing PE of 34.94 flags earnings weakness versus price. Meyka AI’s model gives a near-term monthly projection of S$0.13 and a quarterly projection of S$0.07, so the model implies a likely flat short-term path but material downside over the quarter if earnings weaken. For a balanced view, we set a short-term technical upside target at S$0.16 (about 21.21% above current price) while noting liquidity and cyclicality risks. Use the volume signal and sector trend as the immediate trade trigger and consult the Meyka stock page and published news sources for updates. Meyka AI-powered market analysis platform provides these model outputs, and forecasts are projections, not guarantees.
FAQs
What is the current price and intraday change for 566.SI stock?
566.SI stock is trading at S$0.13 on 16 Jan 2026, up 3.13% intraday with 31,000 shares traded versus a 50-day average of S$0.13 and average volume 37,848.
What valuation metrics matter for 566.SI stock?
Key metrics: price to book 0.57, PE (TTM) 34.94, free cash flow yield 13.48%, dividend yield 1.73%, and debt to equity 0.33. These show a mix of value and earnings risk.
What does Meyka AI forecast for 566.SI stock?
Meyka AI’s forecast model projects a monthly price of S$0.13 and a quarterly price of S$0.07. These are model-based projections and not guarantees.
Is 566.SI stock a buy, hold, or sell?
Meyka AI rates 566.SI with a score out of 100: 62.76 (Grade B, HOLD). This reflects mixed fundamentals, decent cash flow, and liquidity risk. Not financial advice.
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.
