The stock of Fiducian Group Ltd (ASX:FID) reached all time high today, Nov, 9 and still has $6.52 target or 113.00% above today’s $3.06 share price. This indicates more upside for the $95.67 million company. This technical setup was reported by Barchart.com. If the $6.52 PT is reached, the company will be worth $108.11M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. The stock decreased 7.27% or $0.24 on November 9, hitting $3.06. About 19,142 shares traded hands or 169.76% up from the average. Fiducian Group Ltd (ASX:FID) has risen 41.67% since April 13, 2016 and is uptrending. It has outperformed by 36.88% the S&P500.
More recent Fiducian Group Ltd (ASX:FID) news were published by: Fool.com.Au which released: “3 bargain small caps with huge dividends to buy today” on August 16, 2016. Also Fool.com.Au published the news titled: “7 small cap bargains I’d buy right now with $7000” on August 16, 2016. Fool.com.Au‘s news article titled: “Which fund management company should you own?” with publication date: November 07, 2013 was also an interesting one.
Fiducian Group Limited is a specialist financial services company. The company has a market cap of $95.67 million. The Firm provides financial planning, funds management, investment platform administration, information technology and accounting/accountancy resourcing services. It has a 16.3 P/E ratio.
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