What Will Happen to ZCL Composites Inc. Next? The Stock Just Declined A Lot

 What Will Happen to ZCL Composites Inc. Next? The Stock Just Declined A Lot

The stock of ZCL Composites Inc. (TSE:ZCL) is a huge mover today! About 70,249 shares traded hands or 3.35% up from the average. ZCL Composites Inc. (TSE:ZCL) has risen 42.80% since March 10, 2016 and is uptrending. It has outperformed by 37.19% the S&P500.
The move comes after 5 months negative chart setup for the $341.46 million company. It was reported on Oct, 17 by Barchart.com. We have $9.99 PT which if reached, will make TSE:ZCL worth $34.15 million less.

ZCL Composites Inc. is a Canada maker and supplier of fiberglass reinforced plastic (FRP) underground storage tanks. The company has a market cap of $341.46 million. The Firm also provides custom-engineered aboveground FRP and dual-laminate composite storage tanks, piping and lining systems, and related products and accessories, where corrosion resistance is a high priority. It has a 28.84 P/E ratio. The Company’s divisions are Underground Fluid Containment (Underground) and Aboveground Fluid Containment (Aboveground).

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