The stock of ULS Technology PLC (LON:ULS) hit a new 52-week high and has GBX 165.12 target or 92.00% above today’s GBX 86.00 share price. The 6 months bullish chart indicates low risk for the GBX 57.43M company. The 1-year high was reported on Nov, 18 by Barchart.com. If the GBX 165.12 price target is reached, the company will be worth GBX 52.84 million 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 0.58% or GBX 0.5 on November 18, hitting GBX 86. About 8,837 shares traded hands. ULS Technology PLC (LON:ULS) has risen 56.16% since April 20, 2016 and is uptrending. It has outperformed by 51.73% the S&P500.
Another recent and important ULS Technology PLC (LON:ULS) news was published by Fool.Co.Uk which published an article titled: “Are ULS Technology plc (+12%), 32Red plc (-10%) and Fairpoint Group plc (-9 …” on May 09, 2016.
ULS Technology plc is a holding company. The company has a market cap of 57.43 million GBP. The Firm provides management services to its subsidiary companies. It has a 24.52 P/E ratio. The Firm operates through three divisions: Comparison services, Compliance consultancy for the legal sector and All other divisions, which includes head office functions.
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