The stock of Amiad Water Systems Ltd (LON:AFS) hit a new 52-week low and has GBX 104.50 target or 13.00% below today’s GBX 120.12 share price. The 9 months bearish chart indicates high risk for the GBX 27.88M company. The 1-year low was reported on Oct, 28 by Barchart.com. If the GBX 104.50 price target is reached, the company will be worth GBX 3.62 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock increased 0.10% or GBX 0.12 on October 28, hitting GBX 120.12. About 33,700 shares traded hands or 288.43% up from the average. Amiad Water Systems Ltd (LON:AFS) has declined 24.51% since March 31, 2016 and is downtrending. It has underperformed by 29.22% the S&P500.
Another recent and important Amiad Water Systems Ltd (LON:AFS) news was published by Globes.Co.Il which published an article titled: “Israeli water tech cos to tackle California drought” on June 08, 2016.
Amiad Water Systems Ltd. is a United Kingdom a producer and global supplier of water filters and filtration systems. The company has a market cap of 27.88 million GBP. The Firm offers products for the industrial market, which includes traditional industry, municipal, ballast water and gas and oil markets, and the irrigation market. It has a 9.18 P/E ratio. The Firm offers automatic self-cleaning water filters and bespoke solutions to a range of applications in a number of industries in the irrigation market.
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.