Aukett Swanke Group PLC Can’t Burn Your Short Portfolio. Just Reaches 52-Week Low

 Aukett Swanke Group PLC Can't Burn Your Short Portfolio. Just Reaches 52 Week Low

The stock of Aukett Swanke Group PLC (LON:AUK) hit a new 52-week low and has GBX 3.01 target or 14.00% below today’s GBX 3.50 share price. The 8 months bearish chart indicates high risk for the GBX 5.42 million company. The 1-year low was reported on Nov, 11 by Barchart.com. If the GBX 3.01 price target is reached, the company will be worth GBX 758,800 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 decreased 6.67% or GBX 0.25 on November 11, hitting GBX 3.5. About 303,570 shares traded hands or 300.97% up from the average. Aukett Swanke Group PLC (LON:AUK) has declined 40.38% since April 14, 2016 and is downtrending. It has underperformed by 46.53% the S&P500.

More news for Aukett Swanke Group PLC (LON:AUK) were recently published by: Marketwatch.com, which released: “Aukett Swanke: EU referendum impacted 1H results” on June 07, 2016. Uk.Finance.Yahoo.com‘s article titled: “Aukett Swanke Group Plc (AUK.L)” and published on March 31, 2014 is yet another important article.

Aukett Swanke Group Plc is a United Kingdom company, which provides design services. The company has a market cap of 5.42 million GBP. The Company’s geographic divisions include United Kingdom, Russia, Turkey, Middle East and Continental Europe. It has a 4.72 P/E ratio. The Middle East consists of the United Arab Emirates activities and its Continental Europe consists of the Czech Republic’s, German, Russian and Turkish operations.

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