Time to Buy Canadian Life Companies Split Corp. After Today’s Huge Increase?

 Time to Buy Canadian Life Companies Split Corp. After Today's Huge Increase?

The stock of Canadian Life Companies Split Corp. (TSE:LFE) is a huge mover today! About 47,995 shares traded hands or 239.24% up from the average. Canadian Life Companies Split Corp. (TSE:LFE) has risen 18.15% since April 5, 2016 and is uptrending. It has outperformed by 13.37% the S&P500.
The move comes after 8 months positive chart setup for the $56.95M company. It was reported on Nov, 9 by Barchart.com. We have $7.48 PT which if reached, will make TSE:LFE worth $44.42 million more.

More notable recent Canadian Life Companies Split Corp. (TSE:LFE) news were published by: Marketwired.com which released: “Canadian Life Companies Split Corp. Declares Preferred Share Dividend” on July 20, 2016, also News.Sys-Con.com with their article: “Canadian Life Companies Split Corp. Preferred Dividend Declared” published on October 19, 2016, Theglobeandmail.com published: “Ups and downs of split shares” on March 01, 2011. More interesting news about Canadian Life Companies Split Corp. (TSE:LFE) were released by: Marketwatch.com and their article: “Brompton Lifeco Split Corp. Announces Distribution” published on October 20, 2016 as well as Wsj.com‘s news article titled: “Alcoa Details Plans to Split Into Two Companies” with publication date: June 29, 2016.

Canadian Life Companies Split Corp. is a mutual fund corporation. The company has a market cap of $56.95 million. The Firm invests primarily in a portfolio of common shares of approximately four core large capitalization Canadian life insurance companies, such as Great West Lifeco Inc., Manulife Financial Corporation, Industrial-Alliance Insurance & Financial Services and Sun Life Financial Inc. It currently has negative earnings. The Firm offers two types of shares: Preferred shares and Class A shares.

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