A Reversal for Distinct Infrastructure Group Inc Is Not Near. The Stock Declines Again

 A Reversal for Distinct Infrastructure Group Inc Is Not Near. The Stock Declines Again

The stock of Distinct Infrastructure Group Inc (CVE:DUG) is a huge mover today! About 63,100 shares traded hands or 30.16% up from the average. Distinct Infrastructure Group Inc (CVE:DUG) has risen 6.00% since October 8, 2016 and is uptrending. It has outperformed by 4.04% the S&P500.
The move comes after 5 months negative chart setup for the $33.20 million company. It was reported on Nov, 7 by Barchart.com. We have $1.10 PT which if reached, will make CVE:DUG worth $3.65 million less.

More notable recent Distinct Infrastructure Group Inc (CVE:DUG) news were published by: Marketwired.com which released: “Distinct Infrastructure Group Inc. Completes $20M Acquisition Line with Crown …” on November 25, 2015, also Marketwired.com with their article: “Distinct Infrastructure Group Inc. (Formerly QE2 Acquisition Corp.) Announces …” published on October 28, 2015, Marketwired.com published: “Distinct Infrastructure Group Amends Acquisition Line” on July 04, 2016. More interesting news about Distinct Infrastructure Group Inc (CVE:DUG) were released by: Marketwired.com and their article: “Distinct Infrastructure Group Completes Consolidation” published on September 02, 2016 as well as Marketwired.com‘s news article titled: “Distinct Infrastructure Group Reports Record Revenue for Second Quarter of 2016” with publication date: August 29, 2016.

Distinct Infrastructure Group Inc., formerly QE2 Acquisition Corp., is a utility and telecom infrastructure contractor with capabilities in design, engineering, construction, service and maintenance, and materials management. The company has a market cap of $33.20 million. The Firm focuses on the Ontario and Alberta economic landscape of opportunity in infrastructure, utilities and telecommunication. It has a 25.91 P/E ratio. The Company’s services include aerial construction, underground construction, technical services and 3rd party material management.

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