What’s in Aconex Ltd After Today’s Huge Increase?

 What's in Aconex Ltd After Today's Huge Increase?

The stock of Aconex Ltd (ASX:ACX) is a huge mover today! The stock increased 13.74% or $0.72 on November 10, hitting $5.96. About 1.81M shares traded hands or 22.30% up from the average. Aconex Ltd (ASX:ACX) has declined 0.83% since April 14, 2016 and is downtrending. It has underperformed by 6.48% the S&P500.
The move comes after 6 months positive chart setup for the $1.18 billion company. It was reported on Nov, 10 by Barchart.com. We have $9.54 PT which if reached, will make ASX:ACX worth $708.00M more.

More notable recent Aconex Ltd (ASX:ACX) news were published by: Fool.com.Au which released: “Why Aconex Ltd shares are going nuts today” on November 10, 2016, also Fool.com.Au with their article: “Aconex Ltd shares rocket on strong quarter: Is it a buy?” published on October 25, 2016, Fool.com.Au published: “How Aconex Ltd just quadrupled its full year profit” on August 22, 2016. More interesting news about Aconex Ltd (ASX:ACX) were released by: Fool.com.Au and their article: “Company insiders are selling Aconex Ltd – should you?” published on September 19, 2016 as well as Fool.com.Au‘s news article titled: “Can the Aconex Ltd share price hit $10 in 2016?” with publication date: July 21, 2016.

Aconex Limited is engaged in the business of providing cloud collaboration software services for the construction industry. The company has a market cap of $1.18 billion. The Firm is organized into four divisions based on geographical locations: Australia and New Zealand , Americas, Asia, and Europe, Middle East and Africa (EMEA). It has a 179.79 P/E ratio. The Company’s platform connects owners, contractors and their project teams in the construction, infrastructure, and energy and resources sectors, providing project-wide visibility and control between the various organizations collaborating across their projects.

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