The stock of Corero Network Security PLC (LON:CNS) reached all time low today, Oct, 17 and still has GBX 7.69 target or 11.00% below today’s GBX 8.64 share price. This indicates more downside for the GBX 17.67 million company. This technical setup was reported by Barchart.com. If the GBX 7.69 PT is reached, the company will be worth GBX 1.94M less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only. The stock decreased 5.32% or GBX 0.48 on October 17, hitting GBX 8.64. About 177,053 shares traded hands. Corero Network Security PLC (LON:CNS) has declined 63.30% since March 17, 2016 and is downtrending. It has underperformed by 68.91% the S&P500.
Another recent and important Corero Network Security PLC (LON:CNS) news was published by Uk.Finance.Yahoo.com which published an article titled: “Corero Network Security plc (CNS.L)” on March 16, 2014.
Corero Network Security plc is a provider of Distributed Denial of Service defense solutions. The company has a market cap of 17.67 million GBP. The Company’s DDoS protection solutions provide automatic detection and mitigation of DDoS attacks for Internet service providers, hosting providers and the online enterprise. It currently has negative earnings. It operates through Corero Network Security segment.
CNS Company Profile
Cohen & Steers, Inc. (CNS), incorporated on March 17, 2004, is a holding company. The Firm is an investment manager with a focus on liquid real assets, including real estate securities, listed infrastructure, commodities and natural resource equities, as well as preferred securities and other income solutions. The Firm serves institutional and individual investors around the world. The Firm manages three types of investment vehicles: institutional accounts, open-end funds and closed-end funds. The Firm also provides services in connection with model strategies (MBS) accounts. In addition, the Company provides several services in connection with assets held by unit investment trusts (UITs). As a portfolio consultant to a number of UITs, the Company constructs a portfolio of securities that suit the investment objective of the UIT. The Firm also provides ongoing portfolio monitoring services and provides a license to certain firms to use its name in connection with certain of their investment products.
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