Will Pacific Insight Electronics Corp Short Squeeze Soon?


The stock of Pacific Insight Electronics Corp (TSE:PIH) is a huge mover today! The stock decreased 7.90% or $1.03 on September 13, hitting $12. About 76,934 shares traded hands or 89.82% up from the average. Pacific Insight Electronics Corp (TSE:PIH) has risen 64.94% since February 5, 2016 and is uptrending. It has outperformed by 48.45% the S&P500.
The move comes after 9 months negative chart setup for the $81.10M company. It was reported on Sep, 14 by Barchart.com. We have $10.44 PT which if reached, will make TSE:PIH worth $10.54 million less.

Pacific Insight Electronics Corp. is a Canada well-known provider of leadership, planning, design and manufacture of electronic solutions for the transportation industry. The company has a market cap of $81.10 million. The Firm offers development and delivery of electronic products and full service solutions to the automotive and commercial vehicle markets. It has a 8.48 P/E ratio. The Firm creates and distributes its services and products to original equipment manufacturers (OEM) and distributors in North America.

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