What’s Propelling Tungsten Corp PLC to Decline So Much?

 What's Propelling Tungsten Corp PLC to Decline So Much?

The stock of Tungsten Corp PLC (LON:TUNG) is a huge mover today! The stock decreased 5.43% or GBX 3 on November 7, hitting GBX 52.25. About 359,177 shares traded hands or 80.22% up from the average. Tungsten Corp PLC (LON:TUNG) has declined 18.04% since April 7, 2016 and is downtrending. It has underperformed by 20.00% the S&P500.
The move comes after 9 months negative chart setup for the GBX 64.74M company. It was reported on Nov, 7 by Barchart.com. We have GBX 45.98 PT which if reached, will make LON:TUNG worth GBX 7.77 million less.

More news for Tungsten Corp PLC (LON:TUNG) were recently published by: Fool.Co.Uk, which released: “What’s Going On At Tungsten Corp PLC?” on May 21, 2015. Fool.Co.Uk‘s article titled: “Tungsten Corp PLC’s Losses Grow As The Company Struggles” and published on December 16, 2015 is yet another important article.

Tungsten Corporation plc is engaged in e-invoicing, purchase order services, analytics and financing business. The company has a market cap of 64.74 million GBP. The Company’s divisions include Tungsten Network, Tungsten Network Finance, Tungsten Bank and Corporate. It currently has negative earnings. The Company’s Tungsten Network segment includes e-invoicing and spend analytics business of Tungsten Network.

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