The stock of Princess Private Equity Holding Ltd-Ord (LON:PEY) hit a new 52-week high and has GBX 15.65 target or 83.00% above today’s GBX 8.55 share price. The 7 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 17 by Barchart.com. If the GBX 15.65 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 0.18% or GBX 0.02 on November 17, hitting GBX 8.55. About 23,600 shares traded hands. Princess Private Equity Holding Ltd-Ord (LON:PEY) has declined 12.09% since April 20, 2016 and is downtrending. It has underperformed by 16.72% the S&P500.
More important recent Princess Private Equity Holding Ltd-Ord (LON:PEY) news were published by: Reuters.com which released: “Princess Private Equity Holding Ltd announces sale of US security services firm Universal Services of America” on July 16, 2015, also Reuters.com published article titled: “Princess Private Equity Holding Ltd says first interim dividend”, Reuters.com published: “Princess Private Equity Holding Ltd declares dividend payment date” on November 19, 2014. More interesting news about Princess Private Equity Holding Ltd-Ord (LON:PEY) was released by: Reuters.com and their article: “Princess Private Equity Holding Ltd announces second interim dividend” with publication date: November 19, 2014.
Princess Private Equity Holding Limited is an investment holding company. The company has a market cap of GBP. The Company’s investment objective is to provide shareholders with long-term capital growth. It currently has negative earnings. The Firm invests in private equity and private debt investments.
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