The stock of ULS Technology PLC (LON:ULS) reached all time high today, Nov, 11 and still has GBX 115.34 target or 48.00% above today’s GBX 77.93 share price. This indicates more upside for the GBX 51.80M company. This technical setup was reported by Barchart.com. If the GBX 115.34 PT is reached, the company will be worth GBX 24.86 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 2.88% or GBX 2.18 on November 11, hitting GBX 77.93. About 10,797 shares traded hands. ULS Technology PLC (LON:ULS) has risen 38.99% since April 13, 2016 and is uptrending. It has outperformed by 32.85% the S&P500.
Another recent and important ULS Technology PLC (LON:ULS) news was published by Fool.Co.Uk which published an article titled: “Are ULS Technology plc (+12%), 32Red plc (-10%) and Fairpoint Group plc (-9 …” on May 09, 2016.
ULS Technology plc is a holding company. The company has a market cap of 51.80 million GBP. The Firm provides management services to its subsidiary companies. It has a 22.22 P/E ratio. The Firm operates through three divisions: Comparison services, Compliance consultancy for the legal sector and All other divisions, which includes head office functions.
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