The stock of ISHARES V PUBLIC LIMITED COMPANY ISHARES ITALY GOVERNMENT BOND UCITS ETF (LON:IITB) hit a new 52-week low and has GBX 136.58 target or 12.00% below today’s GBX 155.21 share price. The 7 months bearish chart indicates high risk for the GBX company. The 1-year low was reported on Nov, 15 by Barchart.com. If the GBX 136.58 price target is reached, the company will be worth GBX 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 ETF decreased 0.31% or GBX 0.47 on November 15, hitting GBX 155.21. About 33,586 shares traded hands or 70.25% up from the average. ISHARES V PUBLIC LIMITED COMPANY ISHARES ITALY GOVERNMENT BOND UCITS ETF (LON:IITB) has risen 13.15% since February 3, 2016 and is uptrending. It has outperformed by 9.22% the S&P500.
More recent ISHARES V PUBLIC LIMITED COMPANY ISHARES ITALY GOVERNMENT BOND UCITS ETF (LON:IITB) news were published by: Ft.com which released: “Hong Kong falls behind in Asia’s exchange traded funds race” on November 29, 2015. Also Ft.com published the news titled: “Chart that tells a story â€” ETF growth” on May 01, 2015. Ft.com‘s news article titled: “How to choose the right ETF” with publication date: July 12, 2013 was also an interesting one.