The stock of ISHARES PREMIUM MONEY MARKET ETF (TSE:CMR) hit a new 52-week high and has $81.02 target or 62.00% above today’s $50.01 share price. The 7 months bullish chart indicates low risk for the $92.50 million company. The 1-year high was reported on Nov, 2 by Barchart.com. If the $81.02 price target is reached, the company will be worth $57.35M 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 170 shares traded hands. ISHARES PREMIUM MONEY MARKET ETF (TSE:CMR) has 0.00% since March 29, 2016 and is . It has underperformed by 2.52% the S&P500.
More notable recent ISHARES PREMIUM MONEY MARKET ETF (TSE:CMR) news were published by: Marketwired.com which released: “BlackRock(R) Canada Announces Final October Cash Distributions for the iShares …” on October 20, 2016, also Marketwired.com with their article: “BlackRock® Canada Announces Final September Cash Distributions for the iShares …” published on September 15, 2016, Marketwired.com published: “BlackRock(R) Canada Announces September Cash Distributions for the iShares(R) ETFs” on September 07, 2016. More interesting news about ISHARES PREMIUM MONEY MARKET ETF (TSE:CMR) were released by: Marketwired.com and their article: “BlackRock® Canada Announces August Cash Distributions for the iShares® ETFs” published on August 15, 2016 as well as Marketwired.com‘s news article titled: “BlackRock® Canada Announces April Cash Distributions for the iShares® ETFs” with publication date: April 13, 2016.
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