Could WiseTech Global Ltd Lose Strenght? The Stock Increases A Lot Today

 Could WiseTech Global Ltd Lose Strenght? The Stock Increases A Lot Today

The stock of WiseTech Global Ltd (ASX:WTC) is a huge mover today! The stock increased 1.26% or $0.07 on November 18, hitting $5.62. About 200,103 shares traded hands or 2.30% up from the average. WiseTech Global Ltd (ASX:WTC) has risen 40.50% since April 22, 2016 and is uptrending. It has outperformed by 36.07% the S&P500.
The move comes after 5 months positive chart setup for the $1.50 billion company. It was reported on Nov, 18 by Barchart.com. We have $9.50 PT which if reached, will make ASX:WTC worth $1.04 billion more.

More notable recent WiseTech Global Ltd (ASX:WTC) news were published by: Fool.com.Au which released: “Is WiseTech Global Ltd a buy at today’s share price?” on April 22, 2016, also Fool.com.Au with their article: “Why the WiseTech Global Ltd share price has soared 27%” published on July 12, 2016, Fool.com.Au published: “Bell Potter thinks WiseTech Global Ltd shares are a good buy” on July 14, 2016. More interesting news about WiseTech Global Ltd (ASX:WTC) were released by: Smh.com.Au and their article: “WiseTech Global shares rise 16.2pc on ASX debut” published on April 11, 2016 as well as Fool.com.Au‘s news article titled: “A growth investor’s guide to Xero FPO NZX, Wise Tech Global Ltd and Aconex Ltd” with publication date: June 19, 2016.

Wisetech Global Limited is a provider of software solutions to the logistics industry globally. The company has a market cap of $1.50 billion. The Firm develops, sells and implements software solutions that enable logistics service providers to facilitate the movement and storage of goods and information domestically and internationally. It has a 650.46 P/E ratio. The Company’s technology, CargoWise One, is an integrated software solution for logistics service providers that enables its clients to execute logistics transactions and manage their activities on a single database across multiple users, functions, offices, countries and languages.

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