The stock of Webjet Limited (ASX:WEB) is a huge mover today! The stock increased 1.59% or $0.15 on November 18, hitting $9.6. About 471,733 shares traded hands. Webjet Limited (ASX:WEB) has risen 61.18% since April 22, 2016 and is uptrending. It has outperformed by 56.75% the S&P500.
The move comes after 5 months positive chart setup for the $874.41M company. It was reported on Nov, 18 by Barchart.com. We have $11.52 PT which if reached, will make ASX:WEB worth $174.88M more.
More notable recent Webjet Limited (ASX:WEB) news were published by: Fool.com.Au which released: “Webjet Limited just wowed the market with 2 words” on August 17, 2016, also Fool.com.Au with their article: “Up 20% this month: Is it too late to buy Webjet Limited shares?” published on September 29, 2016, Fool.com.Au published: “Why Webjet Limited’s share price is crashing today” on November 02, 2016. More interesting news about Webjet Limited (ASX:WEB) were released by: Fool.com.Au and their article: “Why the Webjet Limited share price is soaring today” published on June 08, 2016 as well as Fool.com.Au‘s news article titled: “Why Webjet Limited shares are going gangbusters today” with publication date: November 08, 2016.
Webjet Limited is engaged in the provision of online travel booking. The company has a market cap of $874.41 million. The Firm is engaged in digital travel business providing services in regional consumer markets, as well as global wholesale markets via the online channel. It has a 35.64 P/E ratio. It operates through the divisions, including Business to Consumer Travel and Business to Business Travel (B2B Travel).