The stock of Grande West Transportation Group Inc (CVE:BUS) reached all time high today, Nov, 11 and still has $2.38 target or 95.00% above today’s $1.22 share price. This indicates more upside for the $71.52 million company. This technical setup was reported by Barchart.com. If the $2.38 PT is reached, the company will be worth $67.94 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. The stock last traded at $1.22 per share. It is up 6.00% since October 12, 2016 and is uptrending. It has underperformed by 0.15% the S&P500.
More news for Grande West Transportation Group Inc (CVE:BUS) were recently published by: Marketwired.com, which released: “Grande West Transportation Group Inc. Completes Initial Public Offering …” on December 19, 2013. Marketwired.com‘s article titled: “Grande West LOI With Weichai Power” and published on November 16, 2015 is yet another important article.
Grande West Transportation Group Inc. is a Canada bus manufacturer. The company has a market cap of $71.52 million. The Firm is engaged in manufacturing of the Vicinity branded transit buses. It currently has negative earnings. The Firm operates in two divisions: bus manufacturing and sales, and the sale of parts for the Vicinity buses in operation.
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