The stock of ISHARES PLC ISHARES $ CORP BND INTEREST RATE HDG (LON:LQDH) hit a new 52-week high and has GBX 153.52 target or 60.00% above today’s GBX 95.95 share price. The 6 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 153.52 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 decreased 0.14% or GBX 0.14 on November 17, hitting GBX 95.95. About 21,870 shares traded hands or 84.43% up from the average. ISHARES PLC ISHARES $ CORP BND INTEREST RATE HDG (LON:LQDH) has risen 16.45% since April 7, 2016 and is uptrending. It has outperformed by 11.83% the S&P500.
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