OMNIVISION (00501.HK) Sees 15.2% Increase, Reaching $120.7 by Midday
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4d ago
0mins
Source: aastocks
Stock Performance: OMNIVISION (00501.HK) debuted at $108, opening 3.1% above its listing price of $104.8, and closed midday at $120.7, reflecting a 15.2% increase.
Trading Volume: The stock saw a trading volume of 5.16 million shares and a turnover of $568.67 million during its debut.
Analyst Views on 00501
Wall Street analysts forecast 00501 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00501 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 111.600
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Current: 111.600
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
