The stock of McMillan Shakespeare Limited (ASX:MMS) is a huge mover today! The stock increased 2.37% or $0.24 on November 18, hitting $10.35. About 458,065 shares traded hands or 16.52% up from the average. McMillan Shakespeare Limited (ASX:MMS) has declined 16.73% since April 22, 2016 and is downtrending. It has underperformed by 21.16% the S&P500.
The move comes after 6 months positive chart setup for the $862.80 million company. It was reported on Nov, 18 by Barchart.com. We have $12.73 PT which if reached, will make ASX:MMS worth $198.44 million more.
More notable recent McMillan Shakespeare Limited (ASX:MMS) news were published by: Fool.com.Au which released: “Fairfax Media Limited & McMillan Shakespeare Limited: 2 shares that could …” on April 01, 2016, also Fool.com.Au with their article: “Here’s why Mcmillan Shakespeare Limited is a screaming buy” published on February 08, 2015, Fool.com.Au published: “Could McMillan Shakespeare Limited shares be in the buy zone?” on February 24, 2016. More interesting news about McMillan Shakespeare Limited (ASX:MMS) were released by: Fool.com.Au and their article: “Could this company be the next McMillan Shakespeare Limited?” published on July 13, 2015 as well as Fool.com.Au‘s news article titled: “McMillan Shakespeare Limited reports 22% profit growth and brighter 2016” with publication date: August 26, 2015.
McMillan Shakespeare Limited is a provider of salary packaging, vehicle leasing administration, fleet management and retail finance services. The company has a market cap of $862.80 million. The Firm operates in three divisions, including Group Remuneration Services, Asset Management and Retail Financial Services. It has a 10.45 P/E ratio. The Group Remuneration Services segment provides administrative services in respect of salary packaging and facilitates the settlement of motor vehicle novated leases for customers, but does not provide financing.
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