The stock of FW Thorpe plc (LON:TFW) reached all time high today, Nov, 11 and still has GBX 774.30 target or 190.00% above today’s GBX 267.00 share price. This indicates more upside for the GBX 304.95 million company. This technical setup was reported by Barchart.com. If the GBX 774.30 PT is reached, the company will be worth GBX 579.41 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 increased 1.38% or GBX 3.62 on November 11, hitting GBX 267. About 21,530 shares traded hands or 15.11% up from the average. FW Thorpe plc (LON:TFW) has risen 15.46% since April 15, 2016 and is uptrending. It has outperformed by 9.31% the S&P500.
More notable recent FW Thorpe plc (LON:TFW) news were published by: Uk.Finance.Yahoo.com which released: “-LSE Ticker: C9ZLX9/ISIN: GB00BC9ZLX92” on March 30, 2014, also Fool.Co.Uk with their article: “Should You Buy Netplay TV Plc, FW Thorpe plc And Amur Minerals Corporation On …” published on March 21, 2016, Fool.Co.Uk published: “Could Banco Santander SA, Idox plc and FW Thorpe plc help you retire early?” on May 23, 2016. More interesting news about FW Thorpe plc (LON:TFW) were released by: Fool.Co.Uk and their article: “3 Great Shares For Your ISA You’ve Probably Never Heard Of: James Halstead PLC …” published on March 30, 2015 as well as Ft.com‘s news article titled: “Think small as large-caps’ performance dwindles” with publication date: January 08, 2016.
FW Thorpe Plc is a United Kingdom-based company, which specializes in designing, manufacturing and supplying of professional lighting equipment. The company has a market cap of 304.95 million GBP. The Firm operates in eight business divisions based on the products and customer base in the lighting market. It has a 23.82 P/E ratio. These divisions include Thorlux, Lightronics Participaties B.V., Compact Lighting Limited, Philip Payne Limited, Solite Europe Limited, Portland Lighting Limited, TRT Lighting Limited and Thorlux Lighting LLC.
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