After Today’s Huge Decline, Is HaiKe Chemical Group Limited’s Near-Term Analysis Negative?

 After Today's Huge Decline, Is HaiKe Chemical Group Limited's Near Term Analysis Negative?

The stock of HaiKe Chemical Group Limited (LON:HAIK) is a huge mover today! The stock increased 8.33% or GBX 1 on November 10, hitting GBX 13. HaiKe Chemical Group Limited (LON:HAIK) has risen 84.62% since April 12, 2016 and is uptrending. It has outperformed by 78.97% the S&P500.
The move comes after 9 months negative chart setup for the GBX 4.94M company. It was reported on Nov, 10 by Barchart.com. We have GBX 11.70 PT which if reached, will make LON:HAIK worth GBX 494,000 less.

More notable recent HaiKe Chemical Group Limited (LON:HAIK) news were published by: Businesswire.com which released: “Research and Markets: Global Chemical Industry 2013 – New Challenges being …” on February 08, 2013, also Reuters.com with their article: “China to let independent refiners import more crude” published on July 09, 2015, Prnewswire.com published: “Dimethyl Carbonate Market Fuelled by Demand From Polycarbonate and Paints and …” on January 11, 2016. More interesting news about HaiKe Chemical Group Limited (LON:HAIK) were released by: Ft.com and their article: “Cost of listing on Aim continues to rise” published on April 09, 2012 as well as Prnewswire.com‘s news article titled: “Dimethyl Carbonate Market for Polycarbonate, Solvent, Pharmaceutical …” with publication date: January 18, 2016.

HaiKe Chemical Group Ltd. is a China investment holding company. The company has a market cap of 4.94 million GBP. The Company, together with its subsidiaries is engaged in manufacturing of specialty products in China. It has a 2.73 P/E ratio. The Company’s subsidiary, Dongying Hi-tech Spring Chemical Co., Ltd is engaged in manufacturing and Haike Trading Hong Kong Limited is engaged in trading.

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