Ruralco Holdings Ltd Can’t Burn Your Long Portfolio. Has Another Strong Session

 Ruralco Holdings Ltd Can't Burn Your Long Portfolio. Has Another Strong Session

The stock of Ruralco Holdings Ltd (ASX:RHL) is a huge mover today! The stock increased 1.61% or $0.05 on November 18, hitting $3.15. About 40,706 shares traded hands or 215.11% up from the average. Ruralco Holdings Ltd (ASX:RHL) has declined 9.22% since April 22, 2016 and is downtrending. It has underperformed by 13.65% the S&P500.
The move comes after 9 months positive chart setup for the $245.11 million company. It was reported on Nov, 18 by Barchart.com. We have $9.32 PT which if reached, will make ASX:RHL worth $480.42M more.

More important recent Ruralco Holdings Ltd (ASX:RHL) news were published by: Reuters.com which released: “BRIEF-Ruralco Holdings Ltd says unit has entered into an agreement to acqu…” on November 14, 2016, also Fool.com.Au published article titled: “Is Ruralco Holdings Ltd the next big share market winner?”, Fool.com.Au published: “Should you buy into Ruralco Holdings Ltd’s half-year earnings jump?” on May 19, 2015. More interesting news about Ruralco Holdings Ltd (ASX:RHL) was released by: Fool.com.Au and their article: “Ruralco Holdings Ltd posts massive profit increase: Should you buy?” with publication date: November 18, 2014.

Ruralco Holdings Limited is an Australia company, which is engaged in the sale and marketing of merchandise, fertilizer and financial services products to rural and related customers, the provision of agency services in relation to the sale of livestock, wool, grain marketing and real estate, and the live export of cattle and sheep. The company has a market cap of $245.11 million. The Firm operates in two divisions: Rural Services, which offers livestock agency, wool broking, rural merchandise, rural machinery service and sales, water broking, real estate activities and stockfeed manufacture, seed and grain marketing, and Financial Services, which comprises finance broking and agricultural advisory services. It has a 57.58 P/E ratio. It serves various sectors, including mining, commercial, domestic, industrial, agriculture and horticulture.

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