The stock of BNN Technology PLC (LON:BNN) reached all time low today, Nov, 3 and still has GBX 114.23 target or 12.00% below today’s GBX 129.81 share price. This indicates more downside for the GBX 263.97 million company. This technical setup was reported by Barchart.com. If the GBX 114.23 PT is reached, the company will be worth GBX 31.68M less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only. The stock decreased 1.84% or GBX 2.44 on November 3, hitting GBX 129.81. About 452,676 shares traded hands. BNN Technology PLC (LON:BNN) has risen 139.45% since April 7, 2016 and is uptrending. It has outperformed by 138.24% the S&P500.
More important recent BNN Technology PLC (LON:BNN) news were published by: Bnn.ca which released: “Pfizer pays US$160B for Allergan, creating world’s biggest drugmaker” on November 23, 2015, also Bnn.ca published article titled: “U.S. cracks down on tax inversions, threatening Pfizer-Allergan deal”, Bnn.ca published: “Top Picks from David Driscoll: Paddy Power Betfair, AmerisourceBergen, and …” on April 04, 2016. More interesting news about BNN Technology PLC (LON:BNN) was released by: Bnn.ca and their article: “Nasdaq to buy ISE options exchange from Deutsche Boerse” with publication date: March 09, 2016.
BNN Technology plc, formerly DJI Holdings PLC, is a content and services company. The company has a market cap of 263.97 million GBP. The Firm is engaged in the sale of lottery tickets and related products. It currently has negative earnings. The Firm is a well-known provider of technology for the promotion and transaction of online bookings, mobile payments and lottery sales in China.
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