Time to Buy Memex Inc After Today’s Huge Increase?

 Time to Buy Memex Inc After Today's Huge Increase?

The stock of Memex Inc (CVE:OEE) is a huge mover today! About 501,934 shares traded hands. Memex Inc (CVE:OEE) has risen 6.00% since October 5, 2016 and is uptrending. It has outperformed by 4.91% the S&P500.
The move comes after 9 months positive chart setup for the $30.09 million company. It was reported on Nov, 4 by Barchart.com. We have $0.40 PT which if reached, will make CVE:OEE worth $12.64M more.

More notable recent Memex Inc (CVE:OEE) news were published by: Seekingalpha.com which released: “SecretCaps’ Updates Memex Projections: $1.06 Price Target” on August 12, 2016, also Marketwired.com with their article: “MEMEX Inc. to Demonstrate an Array of World-Class IIoT Solutions at IMTS 2016” published on September 08, 2016, Marketwired.com published: “MEMEX Inc. announces MERLIN Tempus(TM) and MERLIN Tempus(TM) Enterprise …” on September 12, 2016. More interesting news about Memex Inc (CVE:OEE) were released by: Marketwired.com and their article: “MEMEX Inc.’s Winning Streak Continues” published on August 03, 2016 as well as Marketwired.com‘s news article titled: “MEMEX Inc. Leadership Recognized Amongst Top 30 Advanced Manufacturing Visionaries” with publication date: May 12, 2016.

Memex Inc is a Canada-based provider of Industrial Internet of Things technology. The company has a market cap of $30.09 million. The Company’s flaghship product, the MERLIN IIoT communications platform, reveals hidden factories when clients replace subjective data collection with software. It currently has negative earnings. MERLIN connects industrial machines and delivers manufacturing productivity metrics, providing manufacturing analytics in real-time from the shop floor to the top floor.

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