The stock of CRH Medical Corp (TSE:CRH) hit a new 52-week high and has $16.99 target or 185.00% above today’s $5.96 share price. The 5 months bullish chart indicates low risk for the $442.50 million company. The 1-year high was reported on Oct, 18 by Barchart.com. If the $16.99 price target is reached, the company will be worth $818.63M 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 $5.96 per share. It is down 29.00% since March 11, 2016 and is uptrending. It has outperformed by 23.52% the S&P500.
More important recent CRH Medical Corp (TSE:CRH) news were published by: Quotes.Wsj.com which released: “News CRH Medical Corp.CRHM” on September 04, 2015, also Marketwatch.com published article titled: “CRH Medical Corp.”, Marketwired.com published: “CRH Medical Corporation Announces Majority Purchase of Arapahoe …” on June 30, 2016. More interesting news about CRH Medical Corp (TSE:CRH) was released by: Marketwired.com and their article: “CRH Medical Corporation Announces Majority Purchase of Austin Gastroenterology …” with publication date: June 02, 2016.
CRH Medical Corporation, formerly Medsurge Medical Products Corp., is a healthcare services and products company. The company has a market cap of $442.50 million. The Firm operates through divisions, including the sale of medical products and the provision of anesthesia services. It has a 55.27 P/E ratio. The Firm specializes in the treatment of hemorrhoids utilizing its treatment protocol and technology.
CRH Company Profile
CRH plc, incorporated on June 20, 1949, is a building materials company. The Firm makes and distributes a range of products servicing the construction needs, from the fundamentals of heavy materials and elements to construct the frame, through exterior products that complete the building envelope, to distribution channels, which service construction fit-out and renewal. The Firm operates in six divisions: Europe Heavyside, Europe Lightside, Europe Distribution, Americas Materials, Americas Products and Americas Distribution. The Firm operates in approximately 30 countries around the world.
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