The stock of TRIAD GROUP PLC (LON:TRD) hit a new 52-week high and has GBX 143.83 target or 175.00% above today’s GBX 52.30 share price. The 9 months bullish chart indicates low risk for the GBX 7.90M company. The 1-year high was reported on Nov, 16 by Barchart.com. If the GBX 143.83 price target is reached, the company will be worth GBX 13.83 million 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 decreased 3.15% or GBX 1.7 on November 16, hitting GBX 52.3. About 21,830 shares traded hands. TRIAD GROUP PLC (LON:TRD) has risen 118.18% since April 18, 2016 and is uptrending. It has outperformed by 113.50% the S&P500.
More recent TRIAD GROUP PLC (LON:TRD) news were published by: Jsonline.com which released: “Hartland wipes manufacturer Triad files for bankruptcy” on August 10, 2012. Also Bizjournals.com published the news titled: “Imperial Tobacco chooses Greensboro for headquarters of new company” on October 22, 2014. Bizjournals.com‘s news article titled: “Imperial division to lay off up to 150 in Florida” with publication date: June 16, 2015 was also an interesting one.
Triad Group Plc is a United Kingdom information technology (IT) services company. The company has a market cap of 7.90 million GBP. The Firm is engaged in the provision of IT resourcing (both contract and permanent), and consultancy and solutions services. It has a 6.78 P/E ratio. The Company’s services include change leadership, project delivery, software development, mobility services and business insights.
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