Could Porta Communications PLC Gain Strenght? The Stock Reaches 52-Week Low

 Could Porta Communications PLC Gain Strenght? The Stock Reaches 52 Week Low

The stock of Porta Communications PLC (LON:PTCM) is a huge mover today! The stock decreased 13.51% or GBX 0.62 on October 17, hitting GBX 4. About 321,052 shares traded hands. Porta Communications PLC (LON:PTCM) has declined 38.46% since March 17, 2016 and is downtrending. It has underperformed by 44.07% the S&P500.
The move comes after 7 months negative chart setup for the GBX 11.55 million company. It was reported on Oct, 17 by Barchart.com. We have GBX 3.48 PT which if reached, will make LON:PTCM worth GBX 1.50 million less.

Porta Communications Plc is engaged in international communications and marketing business. The company has a market cap of 11.55 million GBP. The Firm operates through three divisions: Corporate Communications, Marketing & Advertising, and Head Office. It currently has negative earnings. The Company’s Corporate Communications segment includes public relations, public affairs and other corporate communication services.

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