The stock of Bond International Software plc (LON:BDI) hit a new 52-week high and has GBX 331.59 target or 174.00% above today’s GBX 121.02 share price. The 8 months bullish chart indicates low risk for the GBX 52.27M company. The 1-year high was reported on Nov, 4 by Barchart.com. If the GBX 331.59 price target is reached, the company will be worth GBX 90.95 million 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 2.40% or GBX 2.98 on November 4, hitting GBX 121.02. About 13,105 shares traded hands or 9.71% up from the average. Bond International Software plc (LON:BDI) has risen 31.91% since April 7, 2016 and is uptrending. It has outperformed by 30.82% the S&P500.
More notable recent Bond International Software plc (LON:BDI) news were published by: Marketwired.com which released: “Constellation Software Inc. Announces Possible Cash Offer for Bond …” on June 03, 2016, also Marketwired.com with their article: “Constellation Software Inc.: Cash offer for Bond International Software plc …” published on June 30, 2016, Marketwired.com published: “Constellation Software Inc. (“Constellation” or the “Company”) Revised Cash …” on September 23, 2016. More interesting news about Bond International Software plc (LON:BDI) were released by: Reuters.com and their article: “BRIEF-Constellation Software makes final revised cash offer for Bond Inter…” published on October 11, 2016 as well as Reuters.com‘s news article titled: “BRIEF-Bond International says to adjourn general meeting” with publication date: September 26, 2016.
Bond International Software plc is a well-known provider of software solutions in the field of human capital management. The company has a market cap of 52.27 million GBP. The Firm is engaged in providing software, hardware and related support services to the recruitment industry, as well as providing human resources and payroll software and related support services and outsourced payroll services. It currently has negative earnings. The Company’s divisions include Recruitment software, HR and payroll software, and Outsourcing.
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