The stock of Monitise Plc (LON:MONI) is a huge mover today! The stock increased 4.24% or GBX 0.13 on November 18, hitting GBX 3.24. About 11.44M shares traded hands or 179.71% up from the average. Monitise Plc (LON:MONI) has declined 3.72% since April 19, 2016 and is downtrending. It has underperformed by 8.15% the S&P500.
The move comes after 8 months negative chart setup for the GBX 76.26 million company. It was reported on Nov, 18 by Barchart.com. We have GBX 2.79 PT which if reached, will make LON:MONI worth GBX 10.68M less.
Monitise Plc (LON:MONI) Ratings Coverage
Out of 3 analysts covering Monitise PLC (LON:MONI), 0 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 0 are positive. Monitise PLC has been the topic of 4 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating by Jefferies given on Monday, February 1. On Wednesday, October 28 the stock rating was maintained by Canaccord Genuity with “Hold”. Barclays Capital maintained the stock with “Equal Weight” rating in Monday, October 12 report. Barclays Capital maintained Monitise Plc (LON:MONI) rating on Friday, July 31. Barclays Capital has “Equal Weight” rating and GBX 15 price target.
More important recent Monitise Plc (LON:MONI) news were published by: Uk.Finance.Yahoo.com which released: “-LSE Ticker: 1YMRB8/ISIN: GB00B1YMRB82” on March 16, 2014, also Fool.Co.Uk published article titled: “Should You Buy Monitise Plc After Today’s Results?”, Fool.Co.Uk published: “Why This Billionaire Is Betting Big On Monitise Plc” on April 23, 2015. More interesting news about Monitise Plc (LON:MONI) was released by: Fool.Co.Uk and their article: “3 Reasons To Buy Monitise Plc Now” with publication date: March 05, 2015.
Monitise plc is a specialist in financial services technology. The company has a market cap of 76.26 million GBP. The Firm is focused on accelerating the digital transformation of banks and financial institutions. It currently has negative earnings. The Company’s divisions include Americas, which is engaged in mobile banking, enterprise alerting and short message service banking products; Europe, which provides bank-grade mobile banking and digital services based on the Monitise Enterprise platform ; FINKit, which delivers digital services to banks and financial services partners; Create, which collaborates with businesses that operate in various sectors, including financial services, retail and automotive; MEA, which provides digital solutions, and Content, which operates digital distribution networks and digital ticketing transactional platforms.
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