The stock of National Veterinary Care Ltd (ASX:NVL) hit a new 52-week high and has $3.90 target or 78.00% above today’s $2.19 share price. The 9 months bullish chart indicates low risk for the $101.25M company. The 1-year high was reported on Nov, 18 by Barchart.com. If the $3.90 price target is reached, the company will be worth $78.98M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock increased 4.29% or $0.09 on November 18, hitting $2.19. About 30,252 shares traded hands. National Veterinary Care Ltd (ASX:NVL) has risen 58.70% since April 22, 2016 and is uptrending. It has outperformed by 54.27% the S&P500.
More notable recent National Veterinary Care Ltd (ASX:NVL) news were published by: Smh.com.Au which released: “National Vet Care no dog in first day of trading” on August 14, 2015, also Fool.com.Au with their article: “What to expect when National Veterinary Care Ltd launches tomorrow” published on August 13, 2015, Smh.com.Au published: “National Vet Care to dog Greencross’s steps” on June 14, 2015. More interesting news about National Veterinary Care Ltd (ASX:NVL) were released by: Fool.com.Au and their article: “A first look at the National Vet Care IPO” published on June 26, 2015 as well as Fool.com.Au‘s news article titled: “Could National Vet Care be an IPO worth backing?” with publication date: June 18, 2015.
National Veterinary Care Ltd is engaged in the provision of veterinary services throughout Australia. The company has a market cap of $101.25 million. The Company’s network of veterinary clinics offer various services, including acupuncture, blood tests, chemotherapy, dental radiography, desexing, digital radiography , electrocardiograph (ECG), heartworm injections, health exams, healthy nutrition programs, in-house pathology, intensive care hospitalization, microchip identification, nail trimming, orthopedic surgery, senior and palliative care, stem cell therapy, ultrasounds, vaccinations and weight loss programs. It has a 103.01 P/E ratio. The Company’s Best for Pet service provides optimal healthcare for pet.
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