Is Selling 52-Week Stock Like PHSC Plc a Winning Strategy?

 Is Selling 52 Week Stock Like PHSC Plc a Winning Strategy?

The stock of PHSC Plc (LON:PHSC) hit a new 52-week low and has GBX 17.10 target or 10.00% below today’s GBX 19.00 share price. The 5 months bearish chart indicates high risk for the GBX 2.71 million company. The 1-year low was reported on Nov, 15 by Barchart.com. If the GBX 17.10 price target is reached, the company will be worth GBX 271,000 less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock increased 15.15% or GBX 2.5 on November 15, hitting GBX 19. About 89,219 shares traded hands or 207.49% up from the average. PHSC Plc (LON:PHSC) has declined 30.77% since April 18, 2016 and is downtrending. It has underperformed by 34.70% the S&P500.

PHSC Plc (LON:PHSC) Ratings Coverage

Out of 2 analysts covering PHSC PLC (LON:PHSC), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. PHSC PLC has been the topic of 8 analyst reports since September 8, 2015 according to StockzIntelligence Inc. The stock has “Speculative Buy” rating given by Beaufort Securities on Friday, June 17. Northland Capital maintained the stock with “Corporate” rating in Friday, August 5 report. Northland Capital maintained PHSC Plc (LON:PHSC) on Wednesday, March 9 with “Corporate” rating. The stock has “Speculative Buy” rating given by Beaufort Securities on Tuesday, December 15. Beaufort Securities downgraded the shares of PHSC in a report on Tuesday, September 8 to “Hold” rating. On Monday, August 8 the stock rating was downgraded by Beaufort Securities to “Hold”. The firm has “Hold” rating given on Monday, August 22 by Beaufort Securities. The stock of PHSC Plc (LON:PHSC) has “Corporate” rating given on Thursday, September 8 by Northland Capital.

Another recent and important PHSC Plc (LON:PHSC) news was published by Businesswire.com which published an article titled: “New Century AIM VCT UK Regulatory Announcement: Annual Financial Report” on June 30, 2016.

PHSC plc, through its subsidiaries, provides health, safety, hygiene and environmental consultancy services, as well as security solutions to the public and private sectors. The company has a market cap of 2.71 million GBP. The Company’s divisions include PHSC plc, Personnel Health & Safety Consultants Limited , RSA Environmental Health Limited (RSA), Adamson’s Laboratory Services Limited (ALS), QCS International Limited (QCS), Inspection Services (UK) Limited (ISL), Quality Leisure Management Limited (QLM), B to B Links Limited (B to B) and SG Systems (UK) Limited (SG). It currently has negative earnings. The Firm is engaged in health and safety businesses activities, such as asbestos management, training courses, public transport safety consultancy, and supporting the education sector.

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