The stock of The Second Cup Ltd (TSE:SCU) is a huge mover today! About 14,482 shares traded hands or 132.46% up from the average. The Second Cup Ltd (TSE:SCU) has declined 27.33% since April 5, 2016 and is downtrending. It has underperformed by 32.12% the S&P500.
The move comes after 9 months negative chart setup for the $27.84 million company. It was reported on Nov, 9 by Barchart.com. We have $1.89 PT which if reached, will make TSE:SCU worth $3.34M less.
More notable recent The Second Cup Ltd (TSE:SCU) news were published by: Theglobeandmail.com which released: “Second Cup mulls strategic options, including sale” on October 31, 2016, also Fool.ca with their article: “3 Ways to Play The Second Cup Ltd. Sale” published on November 01, 2016, Reuters.com published: “BRIEF-Second Cup Ltd Q3 loss per share C$0.01” on March 26, 2013. More interesting news about The Second Cup Ltd (TSE:SCU) were released by: Cbc.ca and their article: “Second Cup seeks turnaround as coffee wars heat up” published on November 03, 2014 as well as Theglobeandmail.com‘s news article titled: “Fred Lum/The Globe and Mail” with publication date: August 19, 2016.
The Second Cup Ltd. is a Canada specialty coffee retailer. The company has a market cap of $27.84 million. The Firm has approximately 310 cafes operating under the trade name, Second Cup in Canada, of which approximately 30 are Company-operated and the remaining are operated by franchisees. It currently has negative earnings. The Firm owns the trademarks, trade names, operating procedures and systems, and other property used in connection with the operation of Second Cup cafes in Canada, excluding the Territory of Nunavut.
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