The stock of ETFS HEDGED COMMODITY SECURITIES LIMITED ETFS GBP DAILY HEDGED IND MET (LON:PIMT) hit a new 52-week high and has GBX 1077.56 target or 75.00% above today’s GBX 615.75 share price. The 7 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 11 by Barchart.com. If the GBX 1077.56 price target is reached, the company will be worth GBX more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The ETF decreased 0.04% or GBX 0.25 on November 11, hitting GBX 615.75. About 66,002 shares traded hands or 797.99% up from the average. ETFS HEDGED COMMODITY SECURITIES LIMITED ETFS GBP DAILY HEDGED IND MET (LON:PIMT) has risen 21.20% since April 5, 2016 and is uptrending. It has outperformed by 15.05% the S&P500.
More notable recent ETFS HEDGED COMMODITY SECURITIES LIMITED ETFS GBP DAILY HEDGED IND MET (LON:PIMT) news were published by: Seekingalpha.com which released: “Commodities Relative Value – Capitalizing On High Volatility Across The …” on May 26, 2016, also Barrons.com with their article: “Barron’s Roundtableâ€”The Good Bad and Ugly: A Guide to 2014” published on January 19, 2014, Valuewalk.com published: “Morning Market News: Updates on AAPL, LTD, COST, VAH, BA, CG, BBY” on July 05, 2012. More interesting news about ETFS HEDGED COMMODITY SECURITIES LIMITED ETFS GBP DAILY HEDGED IND MET (LON:PIMT) were released by: Blogs.Wsj.com and their article: “Fresh Wave of Selling Slams Global Markets â€“Recap” published on February 11, 2016 as well as Valuewalk.com‘s news article titled: “Morning Market News: FB, DF, DELL, YHOO, DECK, VZ, XOM, UBS, BP, DAL” with publication date: December 03, 2012.
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