Will Emis Group Plc Short Squeeze Soon?

 Will Emis Group Plc Short Squeeze Soon?

The stock of Emis Group Plc (LON:EMIS) hit a new 52-week low and has GBX 767.48 target or 5.00% below today’s GBX 807.87 share price. The 9 months bearish chart indicates high risk for the GBX 511.47M company. The 1-year low was reported on Nov, 4 by Barchart.com. If the GBX 767.48 price target is reached, the company will be worth GBX 25.57M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock decreased 0.51% or GBX 4.13 on November 4, hitting GBX 807.87. About 325,548 shares traded hands or 32.03% up from the average. Emis Group Plc (LON:EMIS) has declined 23.00% since April 7, 2016 and is downtrending. It has underperformed by 24.09% the S&P500.

Emis Group Plc (LON:EMIS) Ratings Coverage

Out of 3 analysts covering EMIS Group PLC (LON:EMIS), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 1250 is the highest target while GBX 1045 is the lowest. The GBX 1171.67 average target is 45.03% above today’s (GBX 807.87) stock price. EMIS Group PLC has been the topic of 15 analyst reports since September 1, 2015 according to StockzIntelligence Inc. The rating was maintained by Numis Securities with “Add” on Thursday, January 21. As per Tuesday, September 1, the company rating was maintained by Numis Securities. The firm has “Buy” rating by Numis Securities given on Wednesday, March 16. The firm has “Buy” rating by Numis Securities given on Thursday, July 14. The stock of Emis Group Plc (LON:EMIS) earned “Buy” rating by Peel Hunt on Wednesday, March 16. N+1 Singer maintained Emis Group Plc (LON:EMIS) on Friday, September 4 with “Buy” rating. The company was maintained on Friday, September 2 by Numis Securities. On Friday, September 4 the stock rating was maintained by Numis Securities with “Buy”. The rating was maintained by Peel Hunt with “Buy” on Friday, September 2. Peel Hunt maintained Emis Group Plc (LON:EMIS) on Thursday, April 28 with “Buy” rating.

More recent Emis Group Plc (LON:EMIS) news were published by: Fool.Co.Uk which released: “3 super growth stocks? ARM Holdings plc, Emis Group plc and RWS Holdings plc” on May 19, 2016. Also Fool.Co.Uk published the news titled: “3 Bright Buys In This Brutal Bear Market: AstraZeneca plc, EMIS Group Plc And …” on January 21, 2016. Fool.Co.Uk‘s news article titled: “Should You Buy Blinkx Plc, Optimal Payments Plc Or EMIS Group Plc?” with publication date: September 04, 2015 was also an interesting one.

EMIS Group plc is a provider of healthcare software, information technology and related services in the United Kingdom. The company has a market cap of 511.47 million GBP. The principal activity of the Company is the design of computer software for healthcare professionals, mainly general practitioners, community pharmacists, secondary and specialist care providers and other clinicians, together with the hosting, provision of specialist information communication technology infrastructure and support of computer systems for healthcare professionals and other related users. It has a 147.77 P/E ratio. It operates through three divisions: Primary & Community Care; Community Pharmacy, and Secondary & Specialist Care.

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