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 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: which released: “Luxor Closes Acquisitions of 2 Wood Framing Businesses in the US and Canada …” on February 12, 2016, also with their article: “Luxor Enters Into Two Definitive Agreements to Acquire Wood Framing Businesses …” published on January 15, 2016, 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: and their article: “Luxor Commences Manufacturing of 3 Ply Access Mats for Hampton Lumber Sales …” published on March 09, 2015 as well as‘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.

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