The stock of Breaking Data Corp (CVE:BKD) hit a new 52-week high and has $1.12 target or 154.00% above today’s $0.44 share price. The 7 months bullish chart indicates low risk for the $18.95M company. The 1-year high was reported on Oct, 31 by Barchart.com. If the $1.12 price target is reached, the company will be worth $29.18M 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 231,933 shares traded hands. Breaking Data Corp (CVE:BKD) has risen 6.00% since October 1, 2016 and is uptrending. It has outperformed by 2.53% the S&P500.
More recent Breaking Data Corp (CVE:BKD) news were published by: Prnewswire.com which released: “Breaking Data Corp. and LYCOS Launch New Sports Initiative” on September 19, 2016. Also Marketwired.com published the news titled: “Breaking Data Corp. Announces $4000500 Bought Deal Financing” on October 07, 2016. Reuters.com‘s news article titled: “BRIEF-Breaking Data Corp announces $4 million bought deal financing” with publication date: October 07, 2016 was also an interesting one.
Breaking Data Corp., formerly Sprylogics International Corp., is a technology well-known provider of semantic search, machine learned language and Natural Language Processing . The company has a market cap of $18.95 million. The Firm has two geographical divisions, which include head office and general activities of Breaking Data International and Poynt Inc. in Canada and its subsidiary, DTI, in the United States. It currently has negative earnings. The Company’s technology platform, Cluuz uses semantic and machine learning techniques to process, analyze and interpret aggregated data in order to extract key sentiments, facts, opinions, user interests and intents.
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