What’s Next for Oakley Capital Investments Limited After Reaching 52-Week High?

 What's Next for Oakley Capital Investments Limited After Reaching 52 Week High?

The stock of Oakley Capital Investments Limited (LON:OCL) hit a new 52-week high and has GBX 309.35 target or 104.00% above today’s GBX 151.64 share price. The 9 months bullish chart indicates low risk for the GBX 290.74M company. The 1-year high was reported on Nov, 17 by Barchart.com. If the GBX 309.35 price target is reached, the company will be worth GBX 302.37 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 increased 0.76% or GBX 1.14 on November 17, hitting GBX 151.64. About 78,420 shares traded hands. Oakley Capital Investments Limited (LON:OCL) has risen 12.31% since April 7, 2016 and is uptrending. It has outperformed by 7.69% the S&P500.

Oakley Capital Investments Limited is a closed-ended investment company. The company has a market cap of 290.74 million GBP. The principal objective of the Company is to achieve capital appreciation through investments in a diversified portfolio of private mid-market the United Kingdom and European businesses. It has a 5.42 P/E ratio. The Firm achieves its investment objective primarily through its investments in over two private equity funds , Oakley Capital Private Equity L.P. (Fund I), and Oakley Capital Private Equity II-A L.P., which together with Oakley Capital Private Equity II-B L.P., Oakley Capital Private Equity II-C L.P. and OCPE II Master L.P. comprise Oakley Capital Private Equity Fund II (Fund II).

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