Fundamental and technical analysis of Alliance Bank Malaysia Berhad (ABMB) on the Kuala Lumpur Stock Exchange (KLSE).

Fundamental Analysis

  1. Stock Performance:
    • Current Price: RM 4.50
    • 52-Week Range: RM 3.31 – RM 4.59
    • Market Capitalization: RM 6.97 billion
  2. Financial Ratios:
    • Price-to-Earnings (P/E) Ratio: 9.72
    • Earnings Per Share (EPS): 46.29 sen
    • Dividend Yield (DY): 4.96%
    • Return on Equity (ROE): 10.00%
    • Price-to-Book (P/B) Ratio: 0.97
  3. Profitability:
    • Revenue: RM 539.8 million (latest quarter)
    • Net Profit: RM 176.7 million (latest quarter)

Technical Analysis

  1. Price Movement:
    • Recent High: RM 4.51
    • Recent Low: RM 4.43
    • Opening Price: RM 4.47
  2. Volume:
    • Average Volume (3 months): 2,574,900 shares
    • Relative Volume: 0.8
  3. Technical Indicators:
    • Relative Strength Index (RSI): 66.0 (Neutral)
    • Stochastic Oscillator: 96.2 (Overbought)
  4. Moving Averages:
    • Exponential Moving Average (5 days): 0.821
    • Exponential Moving Average (20 days): 0.836
    • Exponential Moving Average (90 days): 0.822

Alliance Bank Malaysia Berhad shows a solid fundamental performance with a stable P/E ratio and a healthy dividend yield. Technically, the stock is currently in the overbought territory, suggesting a potential pullback. However, the overall trend remains positive with strong support levels.

The average price target for Alliance Bank Malaysia Berhad (ABMB) is MYR 4.32. Analysts have provided various price targets, with some recent ones being:

  • RHB-OSK: MYR 5.10 (Buy)
  • AmInvest: MYR 4.80 (Buy)
  • Kenanga: MYR 4.60 (Hold)