Could Webjet Limited Rise Even More? The Stock Had Another Big Increase Today

 Could Webjet Limited Rise Even More? The Stock Had Another Big Increase Today

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).

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