Is Pure Technologies Ltd.’s Fuel For Real? The Stock Just Increased Again


The stock of Pure Technologies Ltd. (TSE:PUR) is a huge mover today! About 18,200 shares traded hands. Pure Technologies Ltd. (TSE:PUR) has risen 35.71% since February 5, 2016 and is uptrending. It has outperformed by 19.23% the S&P500.
The move comes after 8 months positive chart setup for the $325.54M company. It was reported on Sep, 13 by We have $16.05 PT which if reached, will make TSE:PUR worth $533.89 million more.

Out of 4 analysts covering Pure Technologies (TSE:PUR), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $8.50 is the highest target while $1 is the lowest. The $6.13 average target is 0.82% above today’s ($6.08) stock price. Pure Technologies has been the topic of 4 analyst reports since November 6, 2015 according to StockzIntelligence Inc.

Pure Technologies Ltd. is engaged in the development and application of technologies for inspection, monitoring and management of physical infrastructure, including water and hydrocarbon pipelines, buildings and bridges. The company has a market cap of $325.54 million. The Company’s divisions include Americas, International and PureHM. It has a 1551.02 P/E ratio.

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