The stock of GOCOMPARE.COM GROUP PLC ORD GBP0.0002 (LON:GOCO) hit a new 52-week low and has GBX 60.30 target or 10.00% below today’s GBX 67.00 share price. The 7 months bearish chart indicates high risk for the GBX company. The 1-year low was reported on Nov, 10 by Barchart.com. If the GBX 60.30 price target is reached, the company will be worth GBX less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock increased 1.52% or GBX 1 on November 10, hitting GBX 67. About 1.72 million shares traded hands. GOCOMPARE.COM GROUP PLC ORD GBP0.0002 (LON:GOCO) has risen 6.00% since October 11, 2016 and is uptrending. It has outperformed by 0.35% the S&P500.
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