What’s Next for DEQ Systems Corp. After Reaching 52-Week High?


The stock of DEQ Systems Corp. (CVE:DEQ) hit a new 52-week high and has $0.70 target or 89.00% above today’s $0.37 share price. The 9 months bullish chart indicates low risk for the $26.89 million company. The 1-year high was reported on Sep, 13 by Barchart.com. If the $0.70 price target is reached, the company will be worth $23.93M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock last traded at $0.37 per share. It is up 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.

DEQ Systems Corp. is engaged in the manufacturing, lease and sale of auxiliary systems suitable for casino gaming tables, the management of licenses and the collection of royalties. The company has a market cap of $26.89 million. The Company’s principal activities include the leasing, sale and marketing of products for the casino gaming industry of table games, table game systems and table top utility products. It currently has negative earnings. The Firm also develops solutions related to table game bonusing.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Reply