Could GWA Group Ltd Decline After Today’s Huge Increase?

 Could GWA Group Ltd Decline After Today's Huge Increase?

The stock of GWA Group Ltd (ASX:GWA) is a huge mover today! The stock increased 2.48% or $0.07 on November 18, hitting $2.89. About 476,029 shares traded hands. GWA Group Ltd (ASX:GWA) has risen 31.96% since April 22, 2016 and is uptrending. It has outperformed by 27.53% the S&P500.
The move comes after 5 months positive chart setup for the $762.81M company. It was reported on Nov, 18 by Barchart.com. We have $4.80 PT which if reached, will make ASX:GWA worth $503.45M more.

More notable recent GWA Group Ltd (ASX:GWA) news were published by: Fool.com.Au which released: “Here’s why GWA Group Ltd shares have gone gangbusters today” on August 22, 2016, also Fool.com.Au with their article: “GWA Group Ltd shares bolt higher on strong profit result” published on February 16, 2016, Fool.com.Au published: “GWA Group Ltd sinks after reporting loss: Time to jump ship?” on February 17, 2015. More interesting news about GWA Group Ltd (ASX:GWA) were released by: Fool.com.Au and their article: “What you need to know about GWA Group Ltd’s big profit slump” published on August 18, 2015 as well as Fool.com.Au‘s news article titled: “GWA Group Ltd releases its FY14 results: Is it time to sell?” with publication date: August 19, 2014.

GWA Group Limited is engaged in the research, design, manufacture, import and marketing of building fixtures and fittings to residential and commercial premises, and the distribution of these various products through a range of distribution channels in Australia, New Zealand and selected international markets. The company has a market cap of $762.81 million. The Company’s divisions include Bathrooms & Kitchens, and Door & Access Systems. It has a 15.23 P/E ratio. The Bathrooms & Kitchens segment includes the sale of vitreous china toilet suites, basins, plastic cisterns, tapware, baths, kitchen sinks, laundry tubs and bathroom accessories.

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