The stock of Cambium Global Timberland Limited (LON:TREE) is a huge mover today! The stock increased 0.35% or GBX 0.03 on November 8, hitting GBX 7.15. About 902,658 shares traded hands or 2877.89% up from the average. Cambium Global Timberland Limited (LON:TREE) has risen 16.33% since March 28, 2016 and is uptrending. It has outperformed by 14.37% the S&P500.
The move comes after 6 months positive chart setup for the GBX 7.54 million company. It was reported on Nov, 8 by Barchart.com. We have GBX 13.73 PT which if reached, will make LON:TREE worth GBX 6.94 million more.
Cambium Global Timberland Limited is a closed-ended investment company. The company has a market cap of 7.54 million GBP. The Company, through its subsidiaries, owns a portfolio of forestry properties, which are managed on an environmentally and socially sustainable basis. It currently has negative earnings. The Firm manages its assets for the production of timber, with exposure to environmental markets.
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