Dear readers, one Singapore stock has gained 12% in capital gain this week as of yesterday.
This stock closed at $0.255 on 4 Feb 2022 and by yesterday (9 Feb 2022), has gained a further 12% to close at $0.285. The stock is undervalued with a Price-to-Book of 0.598 and has a current dividend yield of 2.743%.
There has not been any specific company announcement that has driven the stock to this high level this week and based on the technical chart, the stock is currently overbought.
Before I shared with readers the name of this stock, please note that this post is not a recommendation call, but more to share interesting price action. And never speculate in stocks which seem to be on an upward trajectory. Always invest in something based on sound investment decision.
Ok, time now to find out the name of this Singapore stock. This stock is none other than Golden Agriculture stock.
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