Redox: A Mid- to Long-Term InvestmentShould You Buy Redox Stock?
Redox is an Australian chemical distributor that recently went public. The company raised A$402 million ($267.29 million) in its IPO, and its shares opened slightly below their issue price on the Australian Securities Exchange.
So, should you buy Redox stock?
There are
Next report date
Report period
H2 2024
EPS estimate
—
Revenue estimate
—
0.16AUD
80.73 MAUD
1.26 BAUD
214.40 M
About REDOX LIMITED
Sector
Industry
CEO
Raimond Coneliano
Website
Headquarters
Minto
Founded
1970
ISIN
AU0000284895
FIGI
BBG01H0GH505
Redox Ltd. engages in the marketing and distribution of organic & inorganic, ingredient and raw materials. The company's product line includes agriculture, chemical manufacture, detergents, food & beverage, plastic & foam, mining, oil & gas, metals, rubber, textile, building & construction, lubricants, human health, personal care, water treatment and surface coating chemicals. Redox was founded by Coneliano Roland in 1965 and headquartered in Minto, Australia.
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Frequently Asked Questions
The current price of RDX is 3.14 AUD — it has increased by 1.62% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on ASX exchange REDOX LIMITED stocks are traded under the ticker RDX.
REDOX LIMITED is going to release the next earnings report on Aug 21, 2024. Keep track of upcoming events with our Earnings Calendar.
RDX stock is 2.78% volatile and has beta coefficient of 0.09. Check out the list of the most volatile stocks — is REDOX LIMITED there?
Yes, you can track REDOX LIMITED financials in yearly and quarterly reports right on TradingView.
RDX stock has risen by 4.67% compared to the previous week, the month change is a 3.63% rise, over the last year REDOX LIMITED has showed a 25.10% increase.
RDX net income for the last quarter is 39.57 M AUD, while the quarter before that showed 43.69 M AUD of net income which accounts for −9.43% change. Track more REDOX LIMITED financial stats to get the full picture.
Like other stocks, RDX shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade REDOX LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So REDOX LIMITED technincal analysis shows the strong buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating REDOX LIMITED stock shows the buy signal. See more of REDOX LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on REDOX LIMITED future price: according to them, RDX price has a max estimate of 2.90 AUD and a min estimate of 2.85 AUD. Read a more detailed REDOX LIMITED forecast: see what analysts think of REDOX LIMITED and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. REDOX LIMITED EBITDA is 150.61 M AUD, and current EBITDA margin is 11.20%. See more stats in REDOX LIMITED financial statements.