This report is an updated version of the report published on the 21 August 2024 at 3:18 PM AEST. 

Company Overview: Overview: IPD Group Limited (ASX: IPG) is an automation and electrical distributor based in Australia. Company is predominantly engaged in selling electrical infrastructure products to customers, electrical wholesalers, contractors, switchboard manufacturers, power utilities and system integrators. Beamtree Holdings Limited (ASX: BMT) is an Australian company specializing in artificial intelligence for decision support and data analytics. It offers automation technology and data solutions designed to assist healthcare providers. The company's operations are divided into several segments: diagnostic technology, clinical decision support, coding assistance and data quality, as well as analytics and knowledge networks. This Global Artificial Intelligence & Emerging Technologies Report covers the Company Overview & Price performance, Summary table, Key positives & negatives, Key metrics, Company details, technical guidance & Stock recommendation, and Price chart.

Section 1.0: Key Metrics in Pictures

Having looked at the key financial metrics above the below sections provide in-depth fundamental, and technical analysis on this Artificial Intelligence Stock along with recommendation, technical support, and resistance level & indicative stop-loss.

Section 2.0: IPD Group Limited (‘Speculative Buy’ at AUD 4.60 at current market price per share as on 21 August 2024)

2.1 Company Details

2.2 Valuation, Technical Summary & Stock Recommendation

The stock has decreased by ~11.7% in the last six months, whereas over the last one year, it has moved up by ~7.4%. The stock has a 52-week low and 52-week high of AUD 3.604 and AUD 5.420, respectively and is currently trading above the 52-week high-low average. IPG was last covered in a report dated ’28 June 2024’.

Source: Trading View 

Beamtree Holdings Limited

Section 3.0: Key Metrics in Pictures

Having looked at the key financial metrics above the below sections provide in-depth fundamental, and technical analysis on this Health Care Technology Business along with recommendation, technical support, and resistance level & indicative stop-loss.

Section 4.0: Beamtree Holdings Limited (‘Speculative Buy’ at AUD 0.295 current market price per share as on 21 August 2024)

4.1 Company Details

4.2 Valuation, Technical Summary & Stock Recommendation

The stock has increased by ~20.75% in last three months, and over the last one year, it has moved up by ~30.17%. The stock has a 52-week low and 52-week high of AUD 0.165 and AUD 0.320, respectively and is currently trading above the 52-week high-low average.

Markets are trading in a highly volatile zone currently due to certain macro-economic issues and geopolitical issues prevailing geopolitical tensions. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is neither an Indicator nor a guarantee of future performance. 

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is 21 August 2024. The reference data in this report has been partly sourced from REFINITIV. 

Note 3: Investment decisions should be made depending on an individual’s appetite for upside potential, risks, holding duration, and any previous holdings. An ‘Exit’ from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above. 

Note 4: Dividend Yield may vary as per the stock price movement. 

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock. 

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock. 

Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.