Buyers starting to take charge and push price higher

Potential Buy Entry Alert to Watch NWH

 

Time Frame : Daily/Weekly

Sector : Capital Goods/Industrials

Key Stats : $709.63 Million Market Cap, VWAP 1.98, ASX Ranking 278, 4 Week Av Turnover $3,070,888, Current Turnover (Intraday as at time of alert) $490,421, PE Ratio 16.5, Div Yield 1.05%.

Company Overview : NRW Holdings Limited (NWH) is an Australian company providing diversified services to Australia’s resource and infrastructure sectors through its three business divisions, being NRW Civil and Mining, Action Drill and Blast and AES Equipment Solutions. NWH conducts its operations in WA, NT, QLD and Guinea, West Africa.

Broker Consensus : NONE

 

NWH – NRW Holdings Limited

NWH recently pushed up out of contraction as buyers start to take control. We are now on watch for further confirmation that we will be on the right side of the market and price is heading higher so watching for a higher low and the buy entry setup.

 

Stock Code : NWH – NRW Holdings Limited

Company Website : www.nrw.com.au

Current Price : 1.97

Status : On watch for buy entry setup