ERD
EROAD FPO NZX [ERD]
Technology · ASX Small Cap
$0.7000 -0.7%
Updated 26 Mar 2026 · Scores refresh every scan
Appeared in 2 consecutive scans→ Score +10First seen: 2026-02-25
Score Breakdown
Technical67
Catalyst50
Sentiment50
Fundamental89
Momentum41
Risk Gate50
Get alerts when ERD's score changes
Free watchlist with daily scans for 2,200+ ASX stocks
Active Signals
Bullish Signals
- RSI drifting toward oversold territory — worth watching
- MACD momentum is picking up steam
- Volume surging at 7.2x normal while price climbs — real buying conviction behind this move
- Smart money may be accumulating — volume is flowing in even though price hasn't moved yet
- Cash positive / operating cashflow positive
- Low P/S ratio (0.7x)
- EPS estimates revised upward (+10pts)
- Near 52-week low (3% of range)
- CANSLIM A: Turned profitable
- CANSLIM I: Institutional ownership (43%)
- Sentiment is mixed — no strong consensus either way
- RBA hiking (-3pts)
Risk Signals
- Trading below both moving averages — the trend is working against this one
- Below the 200-day average — the long-term trend is still working against it
- Deeply negative margins (-72%)
- Not enough chatter to gauge sentiment — defaulting to neutral
- Long-term momentum is negative — down 46% over the past year
- The bigger volume days are the down days — volume-weighted momentum is negative (-1.21%/day)
- Overseas neutral (-2pts, S&P500 neutral, VIX 25)
Ask Scout AI about ERD
3 free messages/day · Unlimited with Pro
Recent Catalysts
NONE Shareholder Notification Ampfield
NONE Ongoing Disclosure Notices Directors Fixed Trading Plan
NONE Capital Change Notice - Issue of Performance Share Rights
Recent ASX Announcements
| 2026-03-25 | Shareholder Notification Ampfield |
| 2026-03-08 | Ongoing Disclosure Notices Directors Fixed Trading Plan |
| 2026-02-18 | Capital Change Notice - Issue of Performance Share Rights |
| 2026-02-11 | EROADs Chief Executive Officer to step down in June 2026 PRICE SENSITIVE |
| 2026-01-26 | Disclosure of ceasing to have substantial holding |
Key Metrics
$140.8M
Market Cap
238K
Avg Volume
7.2x
Vol Ratio
$0.65 — $2.63
52-Week Range
0.1%
Short Interest
N/A
Cash Runway
-56.7%
ROE
-71.5%
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | fail | EPS Growth: 0% |
| A | Annual Earnings | improving | CAGR: 0% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | neutral | Float: 75% |
| L | Leader vs Laggard | laggard | RS: -8 |
| I | Institutional Sponsorship | pass | Inst: 44% |
| M | Market Direction | neutral | Neutral |
Sector: Technology
Ranked #29 of 97 · Sector avg: 46
View all Technology signals →Track ERD and 2,200+ ASX stocks
Get free access to Scout's AI-powered dashboard with daily scans, watchlist alerts, and conviction scoring for every ASX small cap.
No credit card required