SRJ.AX stock down 22.22% pre-market on 24 Jan 2026: what traders should watch next
SRJ.AX stock plunged 22.22% in pre-market trading to A$0.014 on 24 Jan 2026 after heavy selling pressure and low liquidity. The move follows a recent run of volatility where the share traded between A$0.014 and A$0.015 today, with volume at 1,796,306 shares versus a 50-day average of 3,038,303. Investors should note SRJ Technologies Group Plc trades on the ASX in AUD and reports EPS of -0.01 and a PE of -1.50, signalling negative earnings but a sub‑A$10 million market cap.
SRJ.AX stock: pre-market price action and key drivers
SRJ.AX stock opened at A$0.015 and dropped to a day low of A$0.014, reversing from a previous close of A$0.018. One-day change shows a fall of A$0.004 or -22.22%, driven by thin order books and headline‑light trading. The stock’s year range sits between A$0.003 and A$0.038, which highlights high volatility for a small cap Energy equipment name.
SRJ.AX stock: financials, valuation and sector context
SRJ Technologies Group Plc (SRJ.AX) reports revenue per share TTM of 0.00352 and EPS of -0.01, leaving a negative PE of -1.50 and a book value per share of 0.01490. Market capitalisation is roughly A$8,216,610.00 with 547,774,000 shares outstanding. The company sits in the Energy sector (Oil & Gas Equipment & Services) where sector trading has been mixed; SRJ’s price-to-book at 0.51 suggests the market values the stock below book on current metrics.
SRJ.AX stock: technicals, liquidity and trading flow
Momentum indicators show short-term noise: RSI at 53.47 and a 50-day average price of A$0.01524 versus a 200-day average of A$0.01297. Average daily volume is 3,038,303 but today’s volume is 1,796,306, leaving liquidity tightened and bid-ask spreads wide. Technicals point to no clear trend (ADX 10.05), so price swings will likely amplify on news or block trades.
SRJ.AX stock: Meyka AI grade and model forecast
Meyka AI rates SRJ.AX with a score out of 100: 65.64 / 100 (Grade B) — Suggestion: HOLD. This grade factors in S&P 500 and sector comparison, financial growth, key metrics and analyst signals. Meyka AI’s forecast model projects a monthly target of A$0.02, implying an upside of 42.86% from the current A$0.014. Forecasts are model-based projections and not guarantees.
SRJ.AX stock: risks, catalysts and near-term outlook
Key risks include continued cash burn (operating cash flow per share -0.00254), low current ratio 0.71, and concentrated revenues tied to the oil and gas cycle. Catalysts that could lift sentiment are improved contract wins, asset integrity services expansion, or stronger Energy sector demand. Traders should watch the next earnings announcement scheduled for 02 Mar 2026 and intraday volume spikes as potential trigger points.
Final Thoughts
SRJ.AX stock is trading as a small, volatile Energy equipment micro-cap on the ASX at A$0.014 on 24 Jan 2026. Fundamentals show negative EPS, a low current ratio and modest cash per share, while price-to-book at 0.51 reflects depressed market expectations. Meyka AI’s short-term model projects A$0.02 (≈42.86% upside) as a monthly scenario; a conservative 12-month scenario to A$0.03 assumes modest contract growth and sector tailwinds. That upside is balanced by operational risks including constrained liquidity and negative operating cash flow. We flag a HOLD stance per Meyka grade, recommend close monitoring of volume and the 02 Mar 2026 earnings window, and advise size limits for portfolios given the stock’s high volatility and low market cap. All forecasts are model-based and not guarantees; use position sizing and stop-losses when trading SRJ.AX stock.
FAQs
Why did SRJ.AX stock fall sharply pre-market today?
SRJ.AX stock fell due to thin liquidity and heavy sell orders, closing the gap from A$0.018 to A$0.014. Low average market depth and no major positive news magnified the move.
What is Meyka AI’s forecast for SRJ.AX stock?
Meyka AI’s forecast model projects a monthly level of A$0.02 for SRJ.AX stock, implying roughly 42.86% upside from A$0.014; forecasts are model-based, not guarantees.
What are the main risks to SRJ.AX stock performance?
Main risks include negative operating cash flow per share -0.00254, a current ratio of 0.71, dependence on oil and gas demand, and very low market capitalisation that heightens volatility.
When is the next earnings report for SRJ.AX?
SRJ.AX has an earnings announcement scheduled for 02 Mar 2026; that report and accompanying guidance are likely catalysts for significant price moves.
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.
