Distinct Infrastructure Group Inc Hit All-Time High

 Distinct Infrastructure Group Inc Hit All Time High

The stock of Distinct Infrastructure Group Inc (CVE:DUG) reached all time high today, Nov, 18 and still has $3.53 target or 135.00% above today’s $1.50 share price. This indicates more upside for the $41.84 million company. This technical setup was reported by Barchart.com. If the $3.53 PT is reached, the company will be worth $56.48 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. The stock last traded at $1.5 per share. It is down 6.00% since October 19, 2016 and is uptrending. It has outperformed by 1.57% the S&P500.

More notable recent Distinct Infrastructure Group Inc (CVE:DUG) news were published by: Finance.Yahoo.com which released: “Distinct Infrastructure Group Reports Record Revenue for Third Quarter of 2016” on November 17, 2016, also Marketwired.com with their article: “Distinct Infrastructure Group Inc. Completes $20M Acquisition Line with Crown …” published on November 25, 2015, Marketwired.com published: “Distinct Infrastructure Group Completes Consolidation” on September 02, 2016. More interesting news about Distinct Infrastructure Group Inc (CVE:DUG) were released by: Marketwired.com and their article: “Distinct Infrastructure Group Inc. (Formerly QE2 Acquisition Corp.) Announces …” published on October 28, 2015 as well as Marketwired.com‘s news article titled: “Distinct Infrastructure Group Amends Acquisition Line” with publication date: July 04, 2016.

Distinct Infrastructure Group Inc., formerly QE2 Acquisition Corp., is a utility and telecom infrastructure contractor with capabilities in design, engineering, construction, service and maintenance, and materials management. The company has a market cap of $41.84 million. The Firm focuses on the Ontario and Alberta economic landscape of opportunity in infrastructure, utilities and telecommunication. It has a 31.35 P/E ratio. The Company’s services include aerial construction, underground construction, technical services and 3rd party material management.

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