The stock of BANK OF IRELAND (GOVERNOR & COMPANY OF THE) NON-CUM PRF’A’#1 LIQUIDATION (LON:BKIC) hit a new 52-week high and has GBX 35.44 target or 98.00% above today’s GBX 17.90 share price. The 6 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 15 by Barchart.com. If the GBX 35.44 price target is reached, the company will be worth GBX 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 decreased 1.92% or GBX 0.35 on November 15, hitting GBX 17.9. It is down 0.00% since April 13, 2016 and is . It has underperformed by 3.93% the S&P500.
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