The stock of Canadian Life Companies Split Corp. (TSE:LFE) is a huge mover today! About 87,818 shares traded hands or 103.76% up from the average. Canadian Life Companies Split Corp. (TSE:LFE) has risen 65.54% since April 12, 2016 and is uptrending. It has outperformed by 60.85% the S&P500.
The move comes after 9 months negative chart setup for the $79.79M company. It was reported on Nov, 16 by Barchart.com. We have $4.52 PT which if reached, will make TSE:LFE worth $11.17M less.
More important recent Canadian Life Companies Split Corp. (TSE:LFE) news were published by: Marketwired.com which released: “Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend” on November 15, 2016, also Marketwired.com published article titled: “Canadian Life Companies Split Corp. Declares Preferred Share Dividend”, News.Sys-Con.com published: “Canadian Life Companies Split Corp. Preferred Dividend Declared” on October 19, 2016. More interesting news about Canadian Life Companies Split Corp. (TSE:LFE) was released by: Theglobeandmail.com and their article: “Ups and downs of split shares” with publication date: March 01, 2011.
Canadian Life Companies Split Corp. is a mutual fund corporation. The company has a market cap of $79.79 million. The Firm invests primarily in a portfolio of common shares of approximately four core large capitalization Canadian life insurance companies, such as Great West Lifeco Inc., Manulife Financial Corporation, Industrial-Alliance Insurance & Financial Services and Sun Life Financial Inc. It currently has negative earnings. The Firm offers two types of shares: Preferred shares and Class A shares.
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