The stock of SOURCE PHYSICAL MARKETS PLC SOURCE PHYSICAL PALLADIUM ETC (P-ETC) (LON:SPAP) hit a new 52-week high and has GBX 8065.44 target or 44.00% above today’s GBX 5601.00 share price. The 6 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 16 by Barchart.com. If the GBX 8065.44 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 increased 0.48% or GBX 26.5 on November 16, hitting GBX 5601. About 1,100 shares traded hands. SOURCE PHYSICAL MARKETS PLC SOURCE PHYSICAL PALLADIUM ETC (P-ETC) (LON:SPAP) has risen 48.63% since April 8, 2016 and is uptrending. It has outperformed by 43.95% the S&P500.
Another recent and important SOURCE PHYSICAL MARKETS PLC SOURCE PHYSICAL PALLADIUM ETC (P-ETC) (LON:SPAP) news was published by Streetinsider.com which published an article titled: “Form FWP SPDR GOLD TRUST Filed by: SPDR GOLD TRUST” on August 11, 2016.
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