After a strong move lower buyers may be starting to step back in to the action

Potential Buy Entry Alert to Watch KGN

Time Frame : Daily/Weekly

Sector : Retailing/Consumer Cyclical

Key Stats : $383.27 Million Market Cap, VWAP 4.166, ASX Ranking 407, 4 Week Av Turnover $3,955,142, Current Turnover (Intraday as at time of alert) $986,011, PE 27.1, Div Yield 3.18%.

Company Overview : Kogan.com is a portfolio of retail and services businesses that includes Kogan Retail, Kogan Marketplace, Kogan Mobile, Kogan Broadband, Kogan Insurance and Kogan Travel. Kogan is a leading Australian consumer brand renowned for price leadership through digital efficiency. The company is focused on making in-demand products and services more affordable and accessible.

Broker Consensus : BUY


KGN – Kogan.com Limited

KGN may be finding some interest again from buyers as price holds above 4.00. A lot of long term buyers have been put back on the sidelines on the move lower from 10.00 so we are watching to see if the interest can hold and generate a move up through 5.00 as bargain hunters step in to the action.

Stock Code : KGN – Kogan.com Limited

Company Website : www.kogancorporate.com

Current Price : 4.21

Status : On watch for potential higher low