What’s Propelling Avante Logixx Inc to Reach 52-Week High?

 What's Propelling Avante Logixx Inc to Reach 52 Week High?

The stock of Avante Logixx Inc (CVE:XX) hit a new 52-week high and has $0.60 target or 75.00% above today’s $0.34 share price. The 9 months bullish chart indicates low risk for the $28.18M company. The 1-year high was reported on Nov, 16 by Barchart.com. If the $0.60 price target is reached, the company will be worth $21.14M 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. About 609,526 shares traded hands or 2175.54% up from the average. Avante Logixx Inc (CVE:XX) has risen 6.00% since October 17, 2016 and is uptrending. It has outperformed by 1.31% the S&P500.

More notable recent Avante Logixx Inc (CVE:XX) news were published by: Marketwired.com which released: “Avante Logixx Inc. Announces Acquisition of 70% Equity Interest in City Wide …” on April 01, 2016, also Marketwired.com with their article: “Avante Logixx Inc. Announces Director Nominees for Annual and Special Meeting” published on August 08, 2016, Marketwired.com published: “Avante Logixx Inc. Announces Results for the Quarter Ended June 30, 2016” on August 25, 2016. More interesting news about Avante Logixx Inc (CVE:XX) were released by: Seekingalpha.com and their article: “Avante Logixx: Solid Cash Flow Generator Led By An Astute Capital Allocator …” published on August 23, 2016 as well as Marketwired.com‘s news article titled: “Avante Logixx Inc. to Release Results for the Year Ended March 31, 2016 After …” with publication date: July 13, 2016.

Avante Logixx Inc. is engaged in development of technologies, products and solutions for personal, condominiums and commercial monitoring, and control applications. The company has a market cap of $28.18 million. The Firm operates through its subsidiaries, Avante Security Inc. , INTO ELECTRONICS Inc. (INTO) and LVS Inc. It has a 1259.26 P/E ratio. It provides a range of home and corporate security services ranging from system design, installations and monitoring to services, such as alarm response, patrols, secured transport, international travel advisory and incident planning.

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