What drove the pre-market move in PPM.AX stock?

Heavy pre-market trading volume of **2,762,743.00** shares and a jump to **A$2.26** drove the move, likely reflecting large buyer interest and positioning ahead of an earnings update on 2026-02-26.

What valuation metrics matter for PPM.AX stock?

Key metrics include trailing PE **10.27**, price-to-book **1.35**, free cash flow per share **A$2.97**, and dividend per share **A$0.26**. These signal value but require debt scrutiny.

What is Meyka AI's 12-month forecast for PPM.AX stock?

Meyka AI's forecast model projects a 12-month price of **A$3.03**, implying an upside of **33.95%** versus the current **A$2.26**. Forecasts are model-based projections and not guarantees.

Should traders buy PPM.AX stock on the volume spike?

The volume spike signals liquidity and interest, but traders should use risk controls. Consider support near **A$2.12** and a short-term target of **A$2.34** with stops for downside protection.

AU Stocks

Volume spike to 2,762,743.00 shares pre-market: PPM.AX Pepper Money Limited ASX 11 Feb 2026

ByDanny Kontos February 11, 2026

PPM.AX stock led ASX pre-market movers on 11 Feb 2026 after heavy trade pushed the price to A$2.26. Volume reached 2,762,743.00 shares versus an average of 276,092.00, giving a relative volume near 10.01. The move followed higher demand in the Financial Services sector and fresh trading interest in non-bank lenders. We examine why Pepper Money Limited (PPM.AX) caught attention, link fundamentals to the price action, and flag short-term targets for traders and investors watching pre-market liquidity on ASX Australia.