What’s in Axis Auto Finance Inc After Today’s Huge Decline?

 What's in Axis Auto Finance Inc After Today's Huge Decline?

The stock of Axis Auto Finance Inc (CVE:AXS) is a huge mover today! About 26,543 shares traded hands or 359.14% up from the average. Axis Auto Finance Inc (CVE:AXS) has risen 6.00% since October 9, 2016 and is uptrending. It has outperformed by 4.04% the S&P500.
The move comes after 7 months negative chart setup for the $34.39M company. It was reported on Nov, 8 by Barchart.com. We have $0.56 PT which if reached, will make CVE:AXS worth $4.13M less.

More notable recent Axis Auto Finance Inc (CVE:AXS) news were published by: Marketwired.com which released: “Axis Auto Finance Inc. (Formerly Verdant Financial Partners I Inc.) Announces …” on July 25, 2016, also Marketwired.com with their article: “Verdant Financial Partners and Axis Auto Finance Announce Signing of …” published on July 22, 2016, Marketwired.com published: “Verdant Financial Partners and Axis Auto Finance Announce Closing of an …” on April 28, 2016. More interesting news about Axis Auto Finance Inc (CVE:AXS) were released by: Marketwired.com and their article: “Verdant Financial Partners and Axis Auto Finance Announce Financing Update …” published on April 27, 2016 as well as Stockhouse.com‘s news article titled: “Axis Auto Finance Inc. Opens the Market” with publication date: August 16, 2016.

Axis Auto Finance Inc., formerly Verdant Financial Partners I Inc., is a capital pool company. The company has a market cap of $34.39 million. The Firm intends to identify and evaluate potential acquisitions or businesses. It currently has negative earnings. Until completion of a qualifying transaction, the Company will not carry on any business other than the identification and evaluation of businesses or assets with a view to complete a qualifying transaction.

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