Can Pure Technologies Ltd.’s Tomorrow be Different? The Stock Declines Again

 Can Pure Technologies Ltd.'s Tomorrow be Different? The Stock Declines Again

The stock of Pure Technologies Ltd. (TSE:PUR) is a huge mover today! About 22,206 shares traded hands. Pure Technologies Ltd. (TSE:PUR) has risen 4.41% since April 5, 2016 and is uptrending. It has underperformed by 0.38% the S&P500.
The move comes after 7 months negative chart setup for the $241.77M company. It was reported on Nov, 9 by Barchart.com. We have $3.92 PT which if reached, will make TSE:PUR worth $33.85 million less.

Pure Technologies Ltd. (TSE:PUR) Ratings Coverage

Out of 4 analysts covering Pure Technologies (TSE:PUR), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $8.50 is the highest target while $1 is the lowest. The $6.13 average target is 34.43% above today’s ($4.56) stock price. Pure Technologies has been the topic of 6 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Wednesday, September 9 by Canaccord Genuity.

More news for Pure Technologies Ltd. (TSE:PUR) were recently published by: Fool.ca, which released: “Pure Technologies Ltd. Benefits From Aging Infrastructure” on May 13, 2015. Finance.Yahoo.com‘s article titled: “Pure Technologies Announces Third Quarter 2016 Results” and published on November 08, 2016 is yet another important article.

Pure Technologies Ltd. is engaged in the development and application of technologies for inspection, monitoring and management of physical infrastructure, including water and hydrocarbon pipelines, buildings and bridges. The company has a market cap of $241.77 million. The Company’s divisions include Americas, International and PureHM. It has a 1163.27 P/E ratio.

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