The stock of Canadian Life Companies Split Corp. (TSE:LFE) is a huge mover today! The stock last traded at $3.7 per share. It is down 13.85% since March 29, 2016 and is uptrending. It has outperformed by 11.32% the S&P500.
The move comes after 6 months negative chart setup for the $54.87 million company. It was reported on Nov, 2 by Barchart.com. We have $3.18 PT which if reached, will make TSE:LFE worth $7.68M less.
More notable recent Canadian Life Companies Split Corp. (TSE:LFE) news were published by: Marketwired.com which released: “Canadian Life Companies Split Corp. Preferred Dividend Declared” on October 19, 2016, also Marketwired.com with their article: “Canadian Life Companies Split Corp. Declares Preferred Share Dividend” published on July 20, 2016, Theglobeandmail.com published: “Ups and downs of split shares” on March 01, 2011. More interesting news about Canadian Life Companies Split Corp. (TSE:LFE) were released by: Marketwatch.com and their article: “Brompton Lifeco Split Corp. Announces Distribution” published on October 20, 2016 as well as Wsj.com‘s news article titled: “Alcoa Details Plans to Split Into Two Companies” with publication date: June 29, 2016.
Canadian Life Companies Split Corp. is a mutual fund corporation. The company has a market cap of $54.87 million. The Firm invests primarily in a portfolio of common shares of approximately four core large capitalization Canadian life insurance companies, such as Great West Lifeco Inc., Manulife Financial Corporation, Industrial-Alliance Insurance & Financial Services and Sun Life Financial Inc. It currently has negative earnings. The Firm offers two types of shares: Preferred shares and Class A shares.
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