Could Redcentric PLC Crash Even More? The Stock Had Another Big Decline Today

 Could Redcentric PLC Crash Even More? The Stock Had Another Big Decline Today

The stock of Redcentric PLC (LON:RCN) is a huge mover today! The stock decreased 57.83% or GBX 86.75 on November 7, hitting GBX 63.25. About 62.88M shares traded hands or 14485.98% up from the average. Redcentric PLC (LON:RCN) has declined 66.09% since April 8, 2016 and is downtrending. It has underperformed by 68.04% the S&P500.
The move comes after 8 months negative chart setup for the GBX 93.50M company. It was reported on Nov, 7 by Barchart.com. We have GBX 56.29 PT which if reached, will make LON:RCN worth GBX 10.29 million less.

Redcentric PLC (LON:RCN) Ratings Coverage

Out of 5 analysts covering Redcentric PLC (LON:RCN), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. Redcentric PLC has been the topic of 34 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The rating was maintained by Numis Securities on Friday, January 29 with “Buy”. The rating was maintained by FinnCap on Monday, November 7 with “Corporate”. The firm has “Buy” rating given on Monday, November 9 by Numis Securities. FinnCap maintained the stock with “Corporate” rating in Monday, September 26 report. The stock of Redcentric PLC (LON:RCN) earned “Corporate” rating by FinnCap on Friday, January 29. The stock of Redcentric PLC (LON:RCN) earned “Corporate” rating by FinnCap on Tuesday, October 25. Numis Securities maintained the stock with “Buy” rating in Thursday, March 31 report. The rating was maintained by FinnCap with “Corporate” on Thursday, June 16. The firm earned “Corporate” rating on Wednesday, May 4 by FinnCap. The firm has “Corporate” rating given on Tuesday, September 1 by FinnCap.

Another recent and important Redcentric PLC (LON:RCN) news was published by Marketwatch.com which published an article titled: “Redcentric dives 70% on AIM on accounting scandal” on November 07, 2016.

Redcentric plc is a holding company

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