ERD

EROAD FPO NZX [ERD]
EROAD Limited provides electronic on-board units and software as a service to the transport industry in New Zealand, the United States, and Australia. The company offers EROAD platform, which connects drivers, vehicles, assets, and operations to give businesses the real-time visibility they need to stay compliant and safe on the move. It also provides electronic distance recorders, tracking devices, and mobile app that provide various enhanced electronic road user charges, safety features, and fleet tracking. In addition, the company is involved in the provision of sale or rental of hardware, installation, and training and support services. EROAD Limited was incorporated in 2000 and is headquartered in Auckland, New Zealand.
Technology · ASX Small Cap
$0.8150 +1.2%

Updated 22 Jul 2026 · Signals refresh every scan

Get alerts when ERD triggers a new signal
Free watchlist with daily scans for 2,200+ ASX stocks
Track ERD — Free

Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Stochastic just turned bullish from a low level — early reversal sign
  • Sitting near support — this level has held before and could attract buyers again
  • Drifting lower — down 5.8% over the last 5 days
  • Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
  • Cash positive / operating cashflow positive
  • Low P/S ratio (0.8x)
  • EPS estimates revised upward (+10pts)
  • Near 52-week low (8% of range)
  • CANSLIM I: Institutional ownership (54%)
  • Sentiment is mixed — no strong consensus either way
  • This one has been in freefall — down 63% over the past year
  • Poor risk-adjusted returns — Sharpe of -1.6 means lots of volatility for not much reward
  • The bigger volume days are the up days — volume-weighted momentum is positive (1.29%/day)
  • 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 (-83%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
Ask Scout AI about ERD
"What's driving ERD today?" "How does ERD compare to peers?" "Key risks for ERD?"
3 free messages/day · Unlimited with Pro

Recent Catalysts

NONE Director Independence Determination Ian Whiting
NONE Application for quotation of securities - ERD
NONE Capital Change Notice - Issue of ordinary shares

Recent ASX Announcements

2026-07-07 Director Independence Determination Ian Whiting
2026-07-02 Application for quotation of securities - ERD
2026-07-02 Capital Change Notice - Issue of ordinary shares
2026-06-30 Ongoing Disclosure Notice Mark Heine
2026-06-30 SPH Notice - Anthony Henry Kandziora

Key Metrics

$151.4M
Market Cap
88K
Avg Volume
1.0x
Vol Ratio
$0.65 — $2.63
52-Week Range
0.1%
Short Interest
N/A
Cash Runway
-63.9%
ROE
-82.5%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 54%
LLeader vs LaggardpassRS: 2
IInstitutional SponsorshippassInst: 54%
MMarket DirectionneutralNeutral

Sector: Technology

89 tickers in this sector

View all Technology signals →Browse all ASX tickers A–Z →
Related Tickers
RLG -16.7%TAL -14.9%FCT -14.3%DCC +12.5%HAL +12.5%
Compare:ERD vs RLGERD vs TALERD vs FCT
Scout Pro — Deeper Analysis for ERD
Try Pro free for 30 days
Share this analysis

Track ERD and 2,200+ ASX stocks

Get free access to Scout's AI-powered dashboard with daily scans, watchlist alerts, and exit management for every ASX small cap.

Open Dashboard — Free Free Screener
No credit card required