A Reversal for Advent Wireless Inc Is Not Near. The Stock Declines Again


The stock of Advent Wireless Inc (CVE:AWI) is a huge mover today! The stock decreased 2.61% or $0.03 on September 13, hitting $1.12. About 80,500 shares traded hands or 1958.82% up from the average. Advent Wireless Inc (CVE:AWI) has risen 6.00% since August 15, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 6 months negative chart setup for the $13.37M company. It was reported on Sep, 14 by Barchart.com. We have $0.97 PT which if reached, will make CVE:AWI worth $1.74 million less.

Advent Wireless Inc. , together with its subsidiaries, is an independent specialty retailer of personal wireless and wireline communication services and products. The company has a market cap of $13.37 million. The Firm operates through the segment of providing personal communications services and products to clients in Canada. It has a 11.43 P/E ratio. The Firm subsidiaries include Am-Call Wireless Inc. (AmCall), Advent Marketing Inc. and 1013929 BC Ltd.

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