Could Claymore Canadian Fundamental Index ETF Skyrocket Even More? The Stock Just Made 52-Week High

 Could Claymore Canadian Fundamental Index ETF Skyrocket Even More? The Stock Just Made 52 Week High

The stock of Claymore Canadian Fundamental Index ETF (TSE:CRQ) hit a new 52-week high and has $40.32 target or 181.00% above today’s $14.35 share price. The 6 months bullish chart indicates low risk for the $177.82M company. The 1-year high was reported on Oct, 19 by Barchart.com. If the $40.32 price target is reached, the company will be worth $321.85M 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 16,302 shares traded hands or 115.55% up from the average. Claymore Canadian Fundamental Index ETF (TSE:CRQ) has risen 13.00% since March 14, 2016 and is uptrending. It has outperformed by 7.46% the S&P500.

More notable recent Claymore Canadian Fundamental Index ETF (TSE:CRQ) news were published by: Theglobeandmail.com which released: “Is it worth making the shift to fundamental indexes?” on April 22, 2013, also Business.Financialpost.com with their article: “Fundamental ETFs worth a look” published on February 16, 2011, Theglobeandmail.com published: “Trick question: What performs better than an index fund?” on June 12, 2014. More interesting news about Claymore Canadian Fundamental Index ETF (TSE:CRQ) were released by: Business.Financialpost.com and their article: “BlackRock dominates in Canadian ETFs” published on January 16, 2012 as well as Theglobeandmail.com‘s news article titled: “Bond ETFs confuse you? Here’s a simple guide” with publication date: December 16, 2011.

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