What’s Ahead for BH Macro Ltd After Reaching 52-Week Low?

 What's Ahead for BH Macro Ltd After Reaching 52 Week Low?

The stock of BH Macro Ltd (LON:BHMU) hit a new 52-week low and has GBX 17.11 target or 7.00% below today’s GBX 18.40 share price. The 5 months bearish chart indicates high risk for the GBX 611.27M company. The 1-year low was reported on Nov, 15 by Barchart.com. If the GBX 17.11 price target is reached, the company will be worth GBX 42.79 million 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 2.34% or GBX 0.42 on November 15, hitting GBX 18.4. About 10,715 shares traded hands or 19.12% up from the average. BH Macro Ltd (LON:BHMU) has declined 11.12% since April 18, 2016 and is downtrending. It has underperformed by 15.05% the S&P500.

More important recent BH Macro Ltd (LON:BHMU) news were published by: Valuewalk.com which released: “Alan Howard BH Macro Global 2015 Letter – Volatility Ahead” on January 31, 2016, also Bloomberg.com published article titled: “Brevan Howard Cuts Management Fee for Listed Macro Hedge Fund”, Bloomberg.com published: “Alan Howard Predicts `Exceptional’ Trading Opportunity” on January 29, 2016. More interesting news about BH Macro Ltd (LON:BHMU) was released by: Bloomberg.com and their article: “Brevan Howard’s Last Stock Manager Tellvik Is Said to Leave Firm” with publication date: September 14, 2015.

BH Macro Limited is a closed-ended investment company. The company has a market cap of 611.27 million GBP. The investment objective of the Company is to seek to generate consistent long-term capital appreciation through an investment policy of investing all of its assets . It currently has negative earnings. It invests all of its assets directly in Brevan Howard Master Fund Limited (the Master Fund), which is a hedge fund in the form of a Cayman Islands open-ended investment company, which has its investment objective as the generation of consistent long-term appreciation through active leveraged trading and investment on a global basis.

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