A stock has hit the ceiling for 5 consecutive sessions, what does the company say?

The stock of Da Nang Petroleum Machinery Equipment Joint Stock Company (DAS) has hit the ceiling for 5 consecutive sessions from November 12-18, rising from 8,500 VND/share to 15,500 VND/share. DAS explained that the recent price increase is due to market recovery and that trading decisions are up to investors. Currently, the company’s business operations are normal. Previously, DAS had a similar price surge from September 03-09. On November 19, the stock was trading at 14,600 VND/share. Despite the strong price movements, trading volume remains low.
DAS’s 2025 revenue target is 762.7 billion VND with after-tax profit steady at 4.2 billion VND.