The stock of Can 60 Income Corp (TSE:CSY) is a huge mover today! About 24,299 shares traded hands or 3288.98% up from the average. Can 60 Income Corp (TSE:CSY) has risen 1.91% since April 1, 2016 and is uptrending. It has underperformed by 0.04% the S&P500.
The move comes after 6 months negative chart setup for the $32.44 million company. It was reported on Nov, 7 by Barchart.com. We have $17.77 PT which if reached, will make TSE:CSY worth $3.24M less.
More notable recent Can 60 Income Corp (TSE:CSY) news were published by: Forbes.com which released: “A Secure ’60/40′ Retirement Portfolio That Yields 5%” on October 25, 2016, also Barrons.com with their article: “Balanced Income Fund for the Cautious” published on November 05, 2016, Seekingalpha.com published: “Bill Barrett Corp.: Small-Cap E&P With Tremendous Upside” on November 07, 2016. More interesting news about Can 60 Income Corp (TSE:CSY) were released by: Usatoday.com and their article: “Goldman Sachs Q1 net income down 60% as banking, trading revenues fall” published on April 19, 2016 as well as Seekingalpha.com‘s news article titled: “Olympus (OCPNF) Q2 2017 Results – Earnings Call Transcript” with publication date: November 07, 2016.
First Asset Core Canadian Equity Income ETF, formerly Can-60 Income Corp., is an exchange-traded, open-end mutual fund. The company has a market cap of $32.44 million. The Fund’s investment objectives are to seek to provide Shareholders with long-term capital appreciation with an attractive risk-adjusted rate of return and consistent dividend income through investing the Fund’s portfolio to gain exposure to equity securities of primarily large capitalization Canadian issuers. It currently has negative earnings. The Fund is focused on using a multi-factor portfolio optimization strategy.
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