What Will Happen to Memex Inc Next? The Stock Just Lifted A Lot

 What Will Happen to Memex Inc Next? The Stock Just Lifted A Lot

The stock of Memex Inc (CVE:OEE) is a huge mover today! About 397,097 shares traded hands. Memex Inc (CVE:OEE) has risen 6.00% since September 19, 2016 and is uptrending. It has outperformed by 0.46% the S&P500.
The move comes after 8 months positive chart setup for the $39.40 million company. It was reported on Oct, 19 by Barchart.com. We have $0.78 PT which if reached, will make CVE:OEE worth $46.49M more.

More notable recent Memex Inc (CVE:OEE) news were published by: Marketwired.com which released: “MEMEX Inc. to Demonstrate an Array of World-Class IIoT Solutions at IMTS 2016” on September 08, 2016, also Seekingalpha.com with their article: “SecretCaps’ Updates Memex Projections: $1.06 Price Target” published on August 12, 2016, Marketwired.com published: “MEMEX Inc.’s Winning Streak Continues” on August 03, 2016. More interesting news about Memex Inc (CVE:OEE) were released by: Marketwired.com and their article: “MEMEX Inc. announces MERLIN Tempus(TM) and MERLIN Tempus(TM) Enterprise …” published on September 12, 2016 as well as Marketwired.com‘s news article titled: “MEMEX Inc. Leadership Recognized Amongst Top 30 Advanced Manufacturing Visionaries” with publication date: May 12, 2016.

Memex Inc is a Canada-based provider of Industrial Internet of Things technology. The company has a market cap of $39.40 million. The Company’s flaghship product, the MERLIN IIoT communications platform, reveals hidden factories when clients replace subjective data collection with software. It currently has negative earnings. MERLIN connects industrial machines and delivers manufacturing productivity metrics, providing manufacturing analytics in real-time from the shop floor to the top floor.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment