Price Action Alert: Videocon d2h Ltd – ADR Stock Is Rising Now

Price Action Alert: Videocon d2h Ltd   ADR Stock Is Rising Now

The stock of Videocon d2h Ltd – ADR (NASDAQ:VDTH) is a huge mover today! About 254,898 shares traded hands or 274.94% up from the average. Videocon d2h Ltd – ADR (NASDAQ:VDTH) has declined 4.70% since April 11, 2016 and is downtrending. It has underperformed by 10.84% the S&P500.
The move comes after 7 months positive chart setup for the $882.37M company. It was reported on Nov, 11 by Barchart.com. We have $12.34 PT which if reached, will make NASDAQ:VDTH worth $361.77M more.

According to Zacks Investment Research, “Videocon d2h offers direct to home service which consists of multiple television channels, allied video and audio services. The company provides Digital Video Recorder, Radio Frequency Remote Control, 12 PIP Mosaic, d2h Cinema, weather updates and multiple tickers to transform TV into entertainment and knowledge as well as customer support. Videocon d2h is based in MUMBAI.”

More important recent Videocon d2h Ltd – ADR (NASDAQ:VDTH) news were published by: Businesswire.com which released: “Deutsche Bank Appointed as Depositary Bank for the NASDAQ-Listed Level III …” on April 01, 2015, also Prnewswire.com published article titled: “Videocon d2h to Present at the March 17, 2016 dbVIC – Deutsche Bank ADR …”, Seekingalpha.com published: “Videocon D2H: Huge Growth And Market Opportunity At A Reasonable Valuation (VDTH)” on July 23, 2015. More interesting news about Videocon d2h Ltd – ADR (NASDAQ:VDTH) was released by: Prnewswire.com and their article: “Videocon d2h to Report Full Year FY16 Results” with publication date: May 19, 2016.

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