Could DragonWave, Inc. Lose Strenght? The Stock Increases A Lot Today

 Could DragonWave, Inc. Lose Strenght? The Stock Increases A Lot Today

The stock of DragonWave, Inc. (TSE:DWI) is a huge mover today! About 15,190 shares traded hands. DragonWave, Inc. (TSE:DWI) has risen 6.00% since October 5, 2016 and is uptrending. It has outperformed by 4.91% the S&P500.
The move comes after 6 months positive chart setup for the $23.49M company. It was reported on Nov, 4 by Barchart.com. We have $9.83 PT which if reached, will make TSE:DWI worth $27.01M more.

DragonWave Inc. is a provider of packet microwave solutions for Internet protocol (IP) networks. The company has a market cap of $23.49 million. The Firm operates through broadband wireless backhaul equipment segment. It currently has negative earnings. The principal application of DragonWave’s products is mobile network backhaul.

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