Does ULS Technology PLC Have More Gas After Reaching 52-Week High?

 Does ULS Technology PLC Have More Gas After Reaching 52 Week High?

The stock of ULS Technology PLC (LON:ULS) hit a new 52-week high and has GBX 136.80 target or 90.00% above today’s GBX 72.00 share price. The 8 months bullish chart indicates low risk for the GBX 47.18 million company. The 1-year high was reported on Nov, 8 by Barchart.com. If the GBX 136.80 price target is reached, the company will be worth GBX 42.46M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock decreased 1.03% or GBX 0.75 on November 8, hitting GBX 72. About 1.65M shares traded hands or 6414.02% up from the average. ULS Technology PLC (LON:ULS) has risen 31.08% since April 8, 2016 and is uptrending. It has outperformed by 29.12% the S&P500.

Another recent and important ULS Technology PLC (LON:ULS) news was published by Fool.Co.Uk which published an article titled: “Are ULS Technology plc (+12%), 32Red plc (-10%) and Fairpoint Group plc (-9 …” on May 09, 2016.

ULS Technology plc is a holding company. The company has a market cap of 47.18 million GBP. The Firm provides management services to its subsidiary companies. It has a 20.53 P/E ratio. The Firm operates through three divisions: Comparison services, Compliance consultancy for the legal sector and All other divisions, which includes head office functions.

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