When will Shennong Group's shares be listed?
Shennong Group was listed on the Shanghai stock exchange on May 28,2021. "Dao Monarch Shennong" is equally interesting. Everyone is welcome to click and read it!
Shennong Group has been listed for a long time
Shennong Group was officially listed on the main board of the Shanghai stock exchange on May 28,2021. "Dao Monarch Shennong" is equally interesting. Everyone is welcome to click and read it!
Shennong Group
Shennong Group (605296)'s K-line trend showed various patterns. For example, in the 1W (1 week) time range, there were Downside Gap Three Methods and other patterns; in the 5H (5 hours) time range, there were Bullish Engulfing and other patterns; in the 1M (1 month) time range, there were Engulfing Bearish and other patterns; in the 15 (15 minutes) time range, there were Engulfing Bearish and other patterns. In the 1H (1 hour) time range, there are three black crows and other types, in the 30 (30 minute) time range, there are Doji Star Bearish and other types, in the 1D (1 day) time range, there are Three Inside Up and other types. These K-line patterns in different time ranges reflected the different characteristics of Shennong Group's stock price trend. "Dao Monarch Shennong" is equally interesting. Everyone is welcome to click and read it!
Shennong Group's valuation
Shennong Group was listed on the Shanghai stock exchange on May 28,2021. The offering price was 56.08 yuan, and the total amount of funds raised was 2.249 billion yuan. Based on the closing price of 63.32 yuan, the market value was 25.343 billion yuan. There was a view that if the pig cycle did not come, its normal valuation would be around 6 - 8 billion, but the group was good except for being expensive. "Dao Monarch Shennong" is equally interesting. Everyone is welcome to click and read it!
Shennong Group's target price
On November 4, Citic Security released a research report to maintain Shennong Group's buy rating, with a target price of 33 yuan; Shennong Group received the attention of six research reports from dealers in recent months, with an average target price of 36.51 yuan. "Dao Monarch Shennong" is equally interesting. Everyone is welcome to click and read it!
Shennong Group's stock price
Shennong Group (stock code: 605296.SH)'s stock price was 29.16 yuan at 15:00 (Beijing time) on November 29th. The highest price was 29.47 yuan, and the lowest price was 28.72 yuan. The trading volume was 23991 lots, the total market value was 15.304 billion, the turnover rate was 0.46%, the turnover was 70.1208 million, and the price-earnings ratio was 51.69. At the close of the afternoon market on November 28, Shennong Group's share price closed at 28.99 yuan/share, up 0.52% from yesterday's close, and the stock price has fallen 5.66% year-to-date. According to the closing price of the afternoon market on November 28, the market value of the shares that were lifted on that day was about 13.168 billion yuan. On November 7, as of 10:23, Shennong Group reported 32.31 yuan per share, with a turnover of 133 million yuan, a turnover rate of 6.14%, and a total market value of 16.958 billion yuan. "Dao Monarch Shennong" is equally interesting. Everyone is welcome to click and read it!
Shennong Group's Market Price
Shennong Group's listed forecast price, there was a prediction of the first day of listing hope to close the board to 17,900 yuan, but did not clearly give the exact forecast price. There was also a view that the reasonable issue price should be around 30 yuan, but the actual issue price of Shennong Group was 56.08 yuan. It should be noted that these predictions are only for reference. "Dao Monarch Shennong" is equally interesting. Everyone is welcome to click and read it!
Shennong Group's Opening Price
Shennong Group's opening price on the first day of listing was 67.3 yuan per share. "Dao Monarch Shennong" is equally interesting. Everyone is welcome to click and read it!
Shennong Group's stock valuation
There were different opinions on the valuation of Shennong Group's stock. One point of view was that if the pig cycle did not come, the normal valuation would be around 6 - 8 billion market value, but it was all good except expensive. The other point of view was that Shennong Group's five-year sales of 8 million pigs were expected to flatten the cycle, with an average of 300 pigs and an annual profit of 2.4 billion yuan. Then the valuation could reach 48 billion yuan, and the stock price would be around 80 - 90 yuan. There was also a point of view based on the valuation of Muyuan in the past two years. They believed that Shennong still had a 30% increase and would reach the peak of 40 yuan, which would overdraw the growth in the next 4 - 5 years. "Dao Monarch Shennong" is equally interesting. Everyone is welcome to click and read it!
Shennong Group's listing time
Shennong Group was officially listed on the main board of the Shanghai stock exchange on May 28,2021. "Dao Monarch Shennong" is equally interesting. Everyone is welcome to click and read it!
Shennong Group's listing price
Shennong Group's listed price was 56 yuan per share. "Dao Monarch Shennong" is equally interesting. Everyone is welcome to click and read it!