Could Luxor Industrial Corporation Change Direction After Today’s Huge Increase?

 Could Luxor Industrial Corporation Change Direction After Today's Huge Increase?

The stock of Luxor Industrial Corporation (CVE:LRL) is a huge mover today! About 57,400 shares traded hands. Luxor Industrial Corporation (CVE:LRL) has risen 6.00% since October 1, 2016 and is uptrending. It has outperformed by 2.53% the S&P500.
The move comes after 7 months positive chart setup for the $14.92M company. It was reported on Oct, 31 by Barchart.com. We have $0.97 PT which if reached, will make CVE:LRL worth $27.75 million more.

More notable recent Luxor Industrial Corporation (CVE:LRL) news were published by: Globenewswire.com which released: “Luxor Closes Acquisitions of 2 Wood Framing Businesses in the US and Canada …” on February 12, 2016, also Globenewswire.com with their article: “Luxor Enters Into Two Definitive Agreements to Acquire Wood Framing Businesses …” published on January 15, 2016, Globenewswire.com published: “Luxor’s Mill Frame LLC Obtains Approval for 5th Person under the United States …” on April 21, 2016. More interesting news about Luxor Industrial Corporation (CVE:LRL) were released by: Globenewswire.com and their article: “Luxor Commences Manufacturing of 3 Ply Access Mats for Hampton Lumber Sales …” published on March 09, 2015 as well as Globenewswire.com‘s news article titled: “Luxor’s USA Mill Frame LLC Signs Second Framing Contract With Seattle Based …” with publication date: January 20, 2016.

Luxor Industrial Corporation is a Canada firm involved in the development, engineering, manufacturing and marketing of engineered wood products. The company has a market cap of $14.92 million. The Firm operates in over three areas of activity. It has a 60.5 P/E ratio. In the industrial sector, the Company makes wood mat products for various applications, including transmission lines, pipelines, wind farms, staging areas, boardwalks and pathways, and gas and oil and mining operations.

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