Could Imperial Equities Inc Crash Even More? The Stock Had Another Big Decline Today

 Could Imperial Equities Inc Crash Even More? The Stock Had Another Big Decline Today

The stock of Imperial Equities Inc (CVE:IEI) is a huge mover today! About 18,300 shares traded hands or 267.99% up from the average. Imperial Equities Inc (CVE:IEI) has risen 6.00% since October 5, 2016 and is uptrending. It has outperformed by 4.91% the S&P500.
The move comes after 5 months negative chart setup for the $41.29M company. It was reported on Nov, 4 by Barchart.com. We have $4.10 PT which if reached, will make CVE:IEI worth $4.13 million less.

Imperial Equities Inc. is a Canada firm engaged in the development and redevelopment of commercial and industrial properties primarily in Edmonton and throughout Alberta through its subsidiary, Imperial Equities Properties Ltd. The company has a market cap of $41.29 million. The Company’s divisions include Real Estate and Pharmaceuticals. It has a 12.46 P/E ratio. The Real Estate properties include Powell Building, Central Distribution Building, Independent Supply Building, Gescan Building, The Capital Business Park, Oliver Crossing, Norwesco and Ashworth Building.

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