The stock of Empire Industries Ltd. (CVE:EIL) is a huge mover today! The stock closed at $0.42 during the last session. It is up 6.00% since August 15, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 7 months negative chart setup for the $27.23 million company. It was reported on Sep, 14 by Barchart.com. We have $0.37 PT which if reached, will make CVE:EIL worth $3.27M less.
Empire Industries Ltd. designs, fabricates, makes, erects and sells engineered products. The company has a market cap of $27.23 million. The Firm also provides steel fabrication and installation services to industrial and infrastructure markets, primarily in western Canada. It has a 17.18 P/E ratio. The Company’s divisions include Media Attractions, Manufactured Products, Steel Fabrication Services and Corporate.
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