The stock of Symbility Solutions Inc (CVE:SY) hit a new 52-week high and has $0.93 target or 110.00% above today’s $0.45 share price. The 5 months bullish chart indicates low risk for the $107.87 million company. The 1-year high was reported on Oct, 17 by Barchart.com. If the $0.93 price target is reached, the company will be worth $118.66M 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 $0.445 per share. It is down 6.00% since September 17, 2016 and is uptrending. It has outperformed by 0.39% the S&P500.
More notable recent Symbility Solutions Inc (CVE:SY) news were published by: Marketwired.com which released: “Symbility Expands European Footprint” on October 07, 2014, also Marketwired.com with their article: “For the 4th Year in a Row, Symbility Makes Profit 500 List of Canada’s Fastest …” published on September 15, 2016, Theglobeandmail.com published: “3 top stock picks from President Club’s Fabrice Taylor” on February 22, 2013. More interesting news about Symbility Solutions Inc (CVE:SY) were released by: Theglobeandmail.com and their article: “3 top stock picks from President’s Club’s Fabrice Taylor” published on December 15, 2012 as well as Investorideas.com‘s news article titled: “#Technology, #Mining #Stocks and #FoodSciences/ #Hemp Company …” with publication date: July 15, 2016.
Symbility Solutions Inc. is a Canada technology firm focused on providing claims processing solutions for various sectors of the insurance industry. The company has a market cap of $107.87 million. The Company’s divisions include Symbility Property , which provides claims processing and estimating software for property and casualty insurers; Symbility Health (group insurance software), which provides a software that enables insurers, third-party administrators, employee benefits brokers, and the pharmaceutical industry to re-define collaboration in the healthcare system, and Symbility Strategic Services (mobile and application software), which creates and develops technologies in the area of mobile applications, the Internet of Things, machine-to-machine and wearables to different industries. It currently has negative earnings.
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