The stock of Fiducian Group Ltd (ASX:FID) hit a new 52-week high and has $4.79 target or 45.00% above today’s $3.30 share price. The 5 months bullish chart indicates low risk for the $103.17M company. The 1-year high was reported on Nov, 8 by Barchart.com. If the $4.79 price target is reached, the company will be worth $46.43M 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 increased 3.12% or $0.1 on November 8, hitting $3.3. About 18,907 shares traded hands or 178.99% up from the average. Fiducian Group Ltd (ASX:FID) has risen 62.56% since April 12, 2016 and is uptrending. It has outperformed by 60.61% the S&P500.
More recent Fiducian Group Ltd (ASX:FID) news were published by: Fool.com.Au which released: “3 bargain small caps with huge dividends to buy today” on August 16, 2016. Also Fool.com.Au published the news titled: “7 small cap bargains I’d buy right now with $7000” on August 16, 2016. Fool.com.Au‘s news article titled: “Which fund management company should you own?” with publication date: November 07, 2013 was also an interesting one.
Fiducian Group Limited is a specialist financial services company. The company has a market cap of $103.17 million. The Firm provides financial planning, funds management, investment platform administration, information technology and accounting/accountancy resourcing services. It has a 17.58 P/E ratio.