Could Arria NLG PLC Change Direction After Today’s Huge Decline?

 Could Arria NLG PLC Change Direction After Today's Huge Decline?

The stock of Arria NLG PLC (LON:NLG) is a huge mover today! The stock decreased 29.31% or GBX 4.25 on November 7, hitting GBX 10.25. About 293,541 shares traded hands or 471.08% up from the average. Arria NLG PLC (LON:NLG) has declined 46.54% since April 8, 2016 and is downtrending. It has underperformed by 48.50% the S&P500.
The move comes after 8 months negative chart setup for the GBX 12.25M company. It was reported on Nov, 7 by Barchart.com. We have GBX 9.23 PT which if reached, will make LON:NLG worth GBX 1.23M less.

Arria NLG plc is engaged in software development business. The company has a market cap of 12.25 million GBP. The principal activities of the Company are the development of intellectual property in the form of software and software as a service and the sale of those services to its clients. It currently has negative earnings. The Firm operates through provision of computer software segment.

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