Is IONA ENVIRONMENTAL VCT PLC A SHS 0.1P’s Fuel Running Low? The Stock Reaches 52-Week High Today

 Is IONA ENVIRONMENTAL VCT PLC A SHS 0.1P's Fuel Running Low? The Stock Reaches 52 Week High Today

The stock of IONA ENVIRONMENTAL VCT PLC A SHS 0.1P (LON:IONA) hit a new 52-week high and has GBX 0.26 target or 160.00% above today’s GBX 0.10 share price. The 9 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 3 by Barchart.com. If the GBX 0.26 price target is reached, the company will be worth GBX 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. The stock decreased 98.02% or GBX 4.95 on November 3, hitting GBX 0.1. It is down 197.58% since April 6, 2016 and is uptrending. It has outperformed by 196.37% the S&P500.

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