The stock of ETFS COMMODITY SECURITIES LIMITED ETFS COPPER (LON:COPA) hit a new 52-week high and has GBX 65.57 target or 173.00% above today’s GBX 24.02 share price. The 9 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 9 by Barchart.com. If the GBX 65.57 price target is reached, the company will be worth GBX 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 ETF increased 3.00% or GBX 0.7 on November 9, hitting GBX 24.02. About 943,479 shares traded hands or 372.47% up from the average. ETFS COMMODITY SECURITIES LIMITED ETFS COPPER (LON:COPA) has risen 6.79% since March 30, 2016 and is uptrending. It has outperformed by 2.01% the S&P500.
More notable recent ETFS COMMODITY SECURITIES LIMITED ETFS COPPER (LON:COPA) news were published by: Zacks.com which released: “Industrial Metals ETFs Investing 101” on January 16, 2015, also Investingnews.com with their article: “3 Copper ETFs” published on November 26, 2015, Zacks.com published: “Best amp; Worst ETFs of 2015” on December 30, 2015. More interesting news about ETFS COMMODITY SECURITIES LIMITED ETFS COPPER (LON:COPA) were released by: Cnbc.com and their article: “Here are the hottest topics in ETFs for 2016” published on January 22, 2016 as well as Etfdb.com‘s news article titled: “Trending on ETFdb.com: Commodities Are Peaking Investor Interests” with publication date: March 10, 2016.
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