The stock of ETFS COMMODITY SECURITIES LIMITED ETFS 2X DAILY LONG COPPER (LON:LCOP) hit a new 52-week high and has GBX 17.23 target or 177.00% above today’s GBX 6.22 share price. The 8 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 10 by Barchart.com. If the GBX 17.23 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 7.24% or GBX 0.42 on November 10, hitting GBX 6.22. About 101,104 shares traded hands or 2069.61% up from the average. ETFS COMMODITY SECURITIES LIMITED ETFS 2X DAILY LONG COPPER (LON:LCOP) has risen 23.64% since April 4, 2016 and is uptrending. It has outperformed by 17.99% the S&P500.
More important recent ETFS COMMODITY SECURITIES LIMITED ETFS 2X DAILY LONG COPPER (LON:LCOP) news were published by: Seekingalpha.com which released: “How To Buy The Best Copper ETF” on June 07, 2012, also Etfdailynews.com published article titled: “ETF Tax Tutorial: Complete List Of ETFs That Issue A K-1”, Etfdb.com published: “ETFs and K-1s Tax Reporting” on February 13, 2012. More interesting news about ETFS COMMODITY SECURITIES LIMITED ETFS 2X DAILY LONG COPPER (LON:LCOP) was released by: Zacks.com and their article: “10 Leveraged/Inverse ETFs Winners YTD” with publication date: October 19, 2015.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.