Is Quarto Group Inc’s Fuel Running Low? The Stock Reaches All-Time High Today

 Is Quarto Group Inc's Fuel Running Low? The Stock Reaches All Time High Today

The stock of Quarto Group Inc (LON:QRT) reached all time high today, Nov, 11 and still has GBX 443.94 target or 47.00% above today’s GBX 302.00 share price. This indicates more upside for the GBX 59.97M company. This technical setup was reported by Barchart.com. If the GBX 443.94 PT is reached, the company will be worth GBX 28.19M 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 4.14% or GBX 12 on November 11, hitting GBX 302. About 26,895 shares traded hands or 187.59% up from the average. Quarto Group Inc (LON:QRT) has risen 18.37% since April 13, 2016 and is uptrending. It has outperformed by 12.22% the S&P500.

Quarto Group Inc (LON:QRT) Ratings Coverage

Out of 3 analysts covering Quarto Group Inc. (LON:QRT), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Quarto Group Inc. has been the topic of 19 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock of Quarto Group Inc (LON:QRT) has “Buy” rating given on Wednesday, December 2 by Northland Capital. Northland Capital maintained the stock with “Corporate” rating in Tuesday, May 24 report. Peel Hunt maintained Quarto Group Inc (LON:QRT) rating on Thursday, February 11. Peel Hunt has “Add” rating and GBX 260 price target. The firm has “Buy” rating given on Thursday, November 3 by Peel Hunt. The firm has “Buy” rating given on Thursday, January 28 by Northland Capital. Peel Hunt maintained Quarto Group Inc (LON:QRT) on Monday, August 8 with “Add” rating. The firm has “Hold” rating by Peel Hunt given on Wednesday, November 4. The rating was maintained by Peel Hunt with “Add” on Thursday, March 24. On Thursday, March 17 the stock rating was maintained by Peel Hunt with “Add”. The firm has “Add” rating by Peel Hunt given on Thursday, January 28.

The Quarto Group, Inc. is an illustrated book publishing and distribution company. The company has a market cap of 59.97 million GBP. The Firm operates through divisions, including Quarto International Co-Editions Group; Quarto Publishing Group USA; Quarto Publishing Group UK; Books & Gifts Direct, ANZ, and Quarto HK. It has a 7.84 P/E ratio. The Quarto International Co-Editions Group segment creates illustrated books that are licensed and printed for third-party publishers for publication under their own imprints in approximately 30 languages around the world.

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