The stock of ACUITYADS HOLDINGS INC (CVE:AT) hit a new 52-week high and has $3.11 target or 58.00% above today’s $1.97 share price. The 5 months bullish chart indicates low risk for the $48.78 million company. The 1-year high was reported on Oct, 17 by Barchart.com. If the $3.11 price target is reached, the company will be worth $28.29 million 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. About 17,250 shares traded hands. ACUITYADS HOLDINGS INC (CVE:AT) has risen 6.00% since September 17, 2016 and is uptrending. It has outperformed by 0.39% the S&P500.
More recent ACUITYADS HOLDINGS INC (CVE:AT) news were published by: Marketwired.com which released: “AcuityAds Holdings Inc. Announces Start of Trading on TSXV” on July 22, 2014. Also Stockhouse.com published the news titled: “IIROC Trade Halt – AcuityAds Holdings Inc.” on August 11, 2016. Prnewswire.com‘s news article titled: “AcuityAds Enters Strategic Alliance with Adobe” with publication date: December 02, 2015 was also an interesting one.
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