Will Amino Technologies Plc Run Out of Steam Soon?

 Will Amino Technologies Plc Run Out of Steam Soon?

The stock of Amino Technologies Plc (LON:AMO) hit a new 52-week high and has GBX 307.84 target or 93.00% above today’s GBX 159.50 share price. The 5 months bullish chart indicates low risk for the GBX 114.17 million company. The 1-year high was reported on Nov, 14 by Barchart.com. If the GBX 307.84 price target is reached, the company will be worth GBX 106.18 million 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 stock closed at GBX 159.5 during the last session. It is down 47.69% since April 15, 2016 and is uptrending. It has outperformed by 42.70% the S&P500.

Amino Technologies Plc (LON:AMO) Ratings Coverage

Out of 5 analysts covering Amino Technologies PLC (LON:AMO), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Amino Technologies PLC has been the topic of 36 analyst reports since August 3, 2015 according to StockzIntelligence Inc. Canaccord Genuity maintained Amino Technologies Plc (LON:AMO) rating on Monday, October 10. Canaccord Genuity has “Buy” rating and GBX 200 price target. The rating was maintained by FinnCap with “Corporate” on Tuesday, September 1. The rating was maintained by Canaccord Genuity with “Buy” on Tuesday, October 27. As per Tuesday, August 16, the company rating was maintained by Canaccord Genuity. The firm has “Corporate” rating given on Wednesday, May 4 by FinnCap. Canaccord Genuity maintained Amino Technologies Plc (LON:AMO) on Tuesday, November 1 with “Buy” rating. The stock has “Corporate” rating given by FinnCap on Tuesday, August 2. The rating was maintained by Northland Capital on Tuesday, September 1 with “Buy”. FinnCap maintained Amino Technologies Plc (LON:AMO) on Tuesday, November 3 with “Corporate” rating. FinnCap maintained Amino Technologies Plc (LON:AMO) rating on Monday, April 18. FinnCap has “Corporate” rating and GBX 175 price target.

Another recent and important Amino Technologies Plc (LON:AMO) news was published by Fool.Co.Uk which published an article titled: “Are Amino Technologies Plc, SThree plc and McBride plc ‘buys’ after today’s …” on July 11, 2016.

Amino Technologies Plc is a United Kingdom firm engaged in developing a range of products and solutions designed to help broadband network operators deliver entertainment and associated connected home services to the consumer. The company has a market cap of 114.17 million GBP. The Firm and its subsidiaries specialize in Internet protocol television software technologies and hardware platforms that enable delivery of digital programming and interactivity over IP networks. It currently has negative earnings. The Firm operates two business units: Hybrid TV and Cloud Services.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment