OVT
OVANTILTD FPO [OVT]
Technology · ASX Small Cap
$0.0010 +0.0%
Updated 26 Mar 2026 · Scores refresh every scan
Score Breakdown
Technical79
Catalyst50
Sentiment50
Fundamental13
Momentum39
Risk Gate22
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Active Signals
Bullish Signals
- RSI drifting toward oversold territory — worth watching
- MACD momentum is picking up steam
- Stochastic is deep in oversold territory — bounce conditions forming
- Sitting near support — this level has held before and could attract buyers again
- Beating the Small Ords index — relative strength of 1.12, so it's outpacing the pack
- Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
- Volatility is contracting — like a spring being compressed, breakouts often follow
- Critical cash runway (0.8 quarters)
- Low P/S ratio (1.8x)
- Revenue in sharp decline (-35%)
- Near 52-week low (0% of range)
- Micro-cap ($5-20M) - high risk
- Capital raise activity (4 events)
- Dilution velocity warning (4 raises recently)
- CANSLIM S: Tight float (34%)
- Sentiment is mixed — no strong consensus either way
- This one has been in freefall — down 67% over the past year
- The bigger volume days are the up days — volume-weighted momentum is positive (23.92%/day)
- Altman Z-Score distress zone (-2.51 < 1.81, low-confidence approx)
- Elevated dilution risk (4 recent capital raises)
- Penny stock risk ($0.001)
- Beneish M-Score 3.73 > -1.78: likely earnings manipulation
- RBA hiking (-3pts)
- Dilution risk: technical breakout with recent capital raise
Risk Signals
- Below the 200-day average — the long-term trend is still working against it
- Piotroski F-Score weak (3/9, low-confidence approx)
- Deeply negative margins (-252%)
- Not enough chatter to gauge sentiment — defaulting to neutral
- Revenue declining at -35% — the top line is shrinking
- Overseas neutral (-2pts, S&P500 neutral, VIX 25)
- Sentiment trap: strong technicals but weak fundamentals
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Recent Catalysts
NONE Update - Consolidation/Split - OVT
NONE Cancel - Proposed issue of securities - OVT
NONE Cancel - Proposed issue of securities - OVT
Recent ASX Announcements
| 2026-03-25 | Update - Consolidation/Split - OVT |
| 2026-03-25 | Cancel - Proposed issue of securities - OVT |
| 2026-03-25 | Cancel - Proposed issue of securities - OVT |
| 2026-03-25 | Cancel - Proposed issue of securities - OVT |
| 2026-03-24 | Cancel - Proposed issue of securities - OVT |
Key Metrics
$9.5M
Market Cap
91.3M
Avg Volume
1.8x
Vol Ratio
$0.00 — $0.02
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-70.8%
ROE
-251.9%
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | fail | EPS Growth: 0% |
| A | Annual Earnings | fail | CAGR: 0% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | pass | Float: 34% |
| L | Leader vs Laggard | laggard | RS: -15 |
| I | Institutional Sponsorship | insufficient_data | Inst: 0% |
| M | Market Direction | neutral | Neutral |
Sector: Technology
Ranked #97 of 97 · Sector avg: 46
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