The stock of Harvey Norman Holdings Limited (ASX:HVN) is a huge mover today! The stock increased 1.11% or $0.05 on November 18, hitting $4.55. About 4.42M shares traded hands or 31.16% up from the average. Harvey Norman Holdings Limited (ASX:HVN) has risen 6.31% since April 22, 2016 and is uptrending. It has outperformed by 1.88% the S&P500.
The move comes after 9 months positive chart setup for the $4.95 billion company. It was reported on Nov, 18 by Barchart.com. We have $7.23 PT which if reached, will make ASX:HVN worth $2.92 billion more.
More notable recent Harvey Norman Holdings Limited (ASX:HVN) news were published by: Fool.com.Au which released: “How Amazon could wreck JB Hi-Fi Limited & Harvey Norman Holdings Limited” on November 06, 2016, also Fool.com.Au with their article: “Why Harvey Norman Holdings Limited shares are falling today” published on November 02, 2016, Fool.com.Au published: “Harvey Norman Holdings Limited shares go nuts on house price growth” on August 31, 2016. More interesting news about Harvey Norman Holdings Limited (ASX:HVN) were released by: Fool.com.Au and their article: “Why the Harvey Norman Holdings Limited share price is soaring today” published on February 26, 2016 as well as Fool.com.Au‘s news article titled: “Harvey Norman Holdings Limited shocks shareholders with move into dairy farming” with publication date: September 02, 2015.
Harvey Norman Holdings Limited is engaged in the provision of integrated retail, franchise, property and digital systems. The company has a market cap of $4.95 billion. The Firm is engaged in franchising; sale of furniture, bedding, computers, communications and consumer electrical products in New Zealand, Singapore, Malaysia, Slovenia and Ireland, among others; property investment; lessor of premises to Harvey Norman Domayne, Joyce and Mayne franchisees, and other third-parties; media placement, and provision of consumer finance and other commercial advances. It has a 14.52 P/E ratio. The Company’s divisions include Franchising Operations, Retail-New Zealand, Retail-Singapore & Malaysia; Retail-Slovenia & Croatia; Retail-Ireland & Northern Ireland, Other Non-Franchised Retail, Retail Property, Retail Property Under Construction, Property Developments for Resale, Equity Investments and Other.
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