What Next for Raise Production Inc Stock After Today’s Huge Decline?

 What Next for Raise Production Inc Stock After Today's Huge Decline?

The stock of Raise Production Inc (CVE:RPC) is a huge mover today! About 50,880 shares traded hands or 464.39% up from the average. Raise Production Inc (CVE:RPC) has risen 6.00% since October 1, 2016 and is uptrending. It has outperformed by 2.53% the S&P500.
The move comes after 6 months negative chart setup for the $35.34M company. It was reported on Oct, 31 by Barchart.com. We have $0.37 PT which if reached, will make CVE:RPC worth $3.53M less.

More notable recent Raise Production Inc (CVE:RPC) news were published by: Marketwired.com which released: “Raise Production Inc. Announces Election of Directors and Operations Update” on October 27, 2015, also Blogs.Wsj.com with their article: “Bullish Investors Bet OPEC Deal Will Raise Oil Prices” published on October 10, 2016, Marketwatch.com published: “‘Turning point’ in green energy prompts IEA to drastically raise 5-year outlook” on October 25, 2016. More interesting news about Raise Production Inc (CVE:RPC) were released by: Bloomberg.com and their article: “China as Factory to World Mulls the Unthinkable: Price Hikes” published on October 30, 2016 as well as Businesswire.com‘s news article titled: “Liquidmetal Technologies Finalizes $63.4 Million Equity Raise” with publication date: October 27, 2016.

Raise Production Inc. is a Canada-based development-stage oilfield service company. The company has a market cap of $35.34 million. The Firm focuses on the production service sector, utilizing its products to enhance production in both conventional and unconventional horizontal gas and oil wells. It currently has negative earnings. The Firm is engaged in the sale and distribution of its Horizontal Wellbore System .

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