What’s in Cortex Business Solutions Inc After Today’s Huge Increase?


The stock of Cortex Business Solutions Inc (CVE:CBX) is a huge mover today! About 7,440 shares traded hands or 14.60% up from the average. Cortex Business Solutions Inc (CVE:CBX) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 7 months positive chart setup for the $20.22 million company. It was reported on Sep, 13 by Barchart.com. We have $3.85 PT which if reached, will make CVE:CBX worth $14.36 million more.

Cortex Business Solutions Inc. is a Canada company, which is engaged in the business of e-commerce services and products that streamlines procurement and supply chain processes for its clients in both Canada and the United States. The company has a market cap of $20.22 million. The Firm offers an online network that helps companies connect and interact with each other to transmit documents to manage their businesses through the augmented exchange of documents. It currently has negative earnings. The Cortex Network provides a document exchange process for industries with complicated procurement practices.

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