HYD

HYDRIX FPO [HYD]
Hydrix Limited, together with its subsidiaries, operates as a product design and engineering company in Australia, Europe, North America, Singapore, and internationally. It operates in three segments: Hydrix Services, Hydrix Medical, and Hydrix Ventures. The company offers product design and development consulting services comprising systems engineering, software, electronics, mechanical, human factors, and industrial design services; and product consulting services consisting of engineering design, development, prototyping, manufacturer management, and certification process management services. It also distributes cardiovascular products comprising Guardian, a heart attack warning system; and Implicity, a cloud-based AI-driven remote cardiac patient monitoring and data management software. In addition, the company invests in early stage medical technology (medtech) companies. It serves the cardiovascular, medtech, defence, and industrial industries. The company was formerly known as Panorama Synergy Limited and changed its name to Hydrix Limited in November 2018. Hydrix Limited was incorporated in 1993 and is based in Mulgrave, Australia.
Technology · ASX Small Cap
$0.0030 -25.0%

Updated 3 Sep 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-05-20
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Volume surging at 2.9x normal while price falls — heavy selling pressure
  • Sitting near support — this level has held before and could attract buyers again
  • Took a hit — down 14.3% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.77, underperforming its peers
  • Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
  • Adequate cash runway (6 quarters)
  • 4C filed 2026-07-30
  • Low P/S ratio (0.6x)
  • Moderate revenue growth (+11%)
  • Near 52-week low (3% of range)
  • Micro-cap ($5-20M) - high risk
  • CANSLIM S: Tight float (27%)
  • Revenue growth 974143200% YoY (from results)
  • Sentiment is mixed — no strong consensus either way
  • This one has been in freefall — down 71% over the past year
  • Altman Z-Score distress zone (0.57 < 1.81, low-confidence approx)
  • Penny stock risk ($0.004)
  • Beneish M-Score -2.12 (grey zone -2.22 to -1.78): possible earnings manipulation
  • RBA hiking (-3pts)

Risk Signals

  • Death cross triggered — the short-term trend just crossed below the long-term, which is a bearish signal
  • 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 (-68%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • The bigger volume days are the down days — volume-weighted momentum is negative (-3.75%/day)

Recent Catalysts

NONE Hydrix Advancing Strategic Defence Activities
NONE Letter from Chairman
NONE Preliminary Final Report
LOW Quarterly Activities/Appendix 4C Cash Flow Report

Recent ASX Announcements

2026-08-30 Hydrix Advancing Strategic Defence Activities PRICE SENSITIVE
2026-08-28 Letter from Chairman
2026-08-28 Preliminary Final Report PRICE SENSITIVE
2026-08-19 Hydrix Executive Chair discusses growth strategy on ausbiz
2026-07-30 Quarterly Activities/Appendix 4C Cash Flow Report PRICE SENSITIVE

Key Metrics

$5.8M
Market Cap
1.3M
Avg Volume
2.9x
Vol Ratio
$0.00 — $0.04
52-Week Range
N/A
Short Interest
6 qtrs
Cash Runway
N/A
ROE
-68.2%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 27%
LLeader vs LaggardlaggardRS: -21
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Technology

97 tickers in this sector

View all Technology signals →Browse all ASX tickers A–Z →
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