Will Equatorial Palm Oil Plc. Short Squeeze Soon?

 Will Equatorial Palm Oil Plc. Short Squeeze Soon?

The stock of Equatorial Palm Oil Plc. (LON:PAL) is a huge mover today! The stock decreased 14.16% or GBX 0.34 on November 3, hitting GBX 2.04. About 42,037 shares traded hands. Equatorial Palm Oil Plc. (LON:PAL) has risen 66.67% since April 6, 2016 and is uptrending. It has outperformed by 65.45% the S&P500.
The move comes after 6 months negative chart setup for the GBX 8.42 million company. It was reported on Nov, 3 by Barchart.com. We have GBX 1.84 PT which if reached, will make LON:PAL worth GBX 842,000 less.

More news for Equatorial Palm Oil Plc. (LON:PAL) were recently published by: Seekingalpha.com, which released: “The Chain: KLK Expanding Into Liberia Via Equatorial Palm Oil PLC, Indonesian …” on September 08, 2016. Reuters.com‘s article titled: “Malaysia’s KL Kepong acquires Liberian palm oil operations” and published on November 07, 2013 is yet another important article.

Equatorial Palm Oil plc is a United Kingdom crude palm oil developer and producer. The company has a market cap of 8.42 million GBP. The Company’s principal activity is the cultivation of oil palms for the production of CPO and associated products in Liberia. It currently has negative earnings. The Company’s activities include the Palm Bay Estate and the Butaw Estate.

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