Is Selling RM2 International SA Here a Winning Strategy?

 Is Selling RM2 International SA Here a Winning Strategy?

The stock of RM2 International SA (LON:RM2) is a huge mover today! The stock increased 11.25% or GBX 2.92 on November 10, hitting GBX 28.92. About 316,300 shares traded hands or 117.30% up from the average. RM2 International SA (LON:RM2) has declined 20.00% since April 12, 2016 and is downtrending. It has underperformed by 25.65% the S&P500.
The move comes after 9 months negative chart setup for the GBX 117.78M company. It was reported on Nov, 10 by Barchart.com. We have GBX 24.87 PT which if reached, will make LON:RM2 worth GBX 16.49M less.

More notable recent RM2 International SA (LON:RM2) news were published by: Marketwired.com which released: “RM2 International SA: Agreement with Pactiv LLC” on November 02, 2016, also Marketwired.com with their article: “RM2 International S.A.: Re Agreement” published on April 06, 2016, Fool.Co.Uk published: “Neil Woodford Ramps Up His Stake In RM2 International SA And Netscientific PLC” on October 01, 2015. More interesting news about RM2 International SA (LON:RM2) were released by: Fool.Co.Uk and their article: “Why RM2 International SA Slumped Today” published on September 19, 2014 as well as Fool.Co.Uk‘s news article titled: “Can Sirius Minerals PLC, RM2 International SA & AFC Energy plc Grow Into World …” with publication date: April 06, 2016.

RM2 International S.A. is a pallet development, manufacture, supply and management company. The company has a market cap of 117.78 million GBP. The Firm is principally engaged in developing and selling shipping pallets and providing related logistical services. It currently has negative earnings. The Company’s product for moving goods, BLOCKPal, has impermeability to water and contamination, fire retardancy, and resistance to damage and weight.

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