Could Photon Control Inc See a Reversal After This Very Weak Session?


The stock of Photon Control Inc (CVE:PHO) is a huge mover today! The stock decreased 2.86% or $0.02 on September 13, hitting $0.68. About 213,900 shares traded hands or 29.59% up from the average. Photon Control Inc (CVE:PHO) has risen 6.00% since August 15, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 9 months negative chart setup for the $71.19 million company. It was reported on Sep, 14 by We have $0.59 PT which if reached, will make CVE:PHO worth $9.25 million less.

Photon Control Inc. designs, manufactures and distributes a range of optical sensors and instruments to measure temperature, pressure, position and flow. The company has a market cap of $71.19 million. The Firm provides engineering services for customized optical measurement systems. It has a 11.02 P/E ratio. The Company’s products include Fiber Optic Temperature Sensors, Spectroscopy and Focus2.0 Optical Gas Flow Meter.

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