What’s Next for Solium Capital Inc. After Today’s Huge Increase?

 What's Next for Solium Capital Inc. After Today's Huge Increase?

The stock of Solium Capital Inc. (TSE:SUM) is a huge mover today! About 16,331 shares traded hands. Solium Capital Inc. (TSE:SUM) has risen 6.00% since October 15, 2016 and is uptrending. It has outperformed by 1.02% the S&P500.
The move comes after 6 months positive chart setup for the $371.60M company. It was reported on Nov, 14 by Barchart.com. We have $22.01 PT which if reached, will make TSE:SUM worth $732.05M more.

Solium Capital Inc. (TSE:SUM) Ratings Coverage

Out of 3 analysts covering Solium Capital (TSE:SUM), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Solium Capital has been the topic of 8 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The stock of Solium Capital Inc. (TSE:SUM) has “Buy” rating given on Thursday, August 11 by Haywood Securities. Scotia Capital downgraded it to “Sector Perform” rating and $7 target price in Wednesday, November 9 report.

Solium Capital Inc. is a software-as-a-service company. The company has a market cap of $371.60 million. The Firm provides cloud-enabled services for global equity administration, financial reporting and compliance. It has a 62.34 P/E ratio. The Firm operates though the segment of administration of equity incentive and savings programs for firms and their employees.

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