The stock of Spark Infrastructure Group (ASX:SKI) is a huge mover today! The stock increased 2.43% or $0.05 on November 18, hitting $2.11. About 14.77 million shares traded hands or 122.44% up from the average. Spark Infrastructure Group (ASX:SKI) has risen 0.48% since April 22, 2016 and is uptrending. It has underperformed by 3.95% the S&P500.
The move comes after 8 months positive chart setup for the $3.58B company. It was reported on Nov, 18 by Barchart.com. We have $3.25 PT which if reached, will make ASX:SKI worth $1.93B more.
More notable recent Spark Infrastructure Group (ASX:SKI) news were published by: Smh.com.Au which released: “Spark Infrastructure Group board under pressure from shareholders” on May 08, 2016, also Smh.com.Au with their article: “Spark Infrastructure Group ‘vulnerable’ to cheap takeover: James Dunphy” published on May 25, 2016, Smh.com.Au published: “Spark Infrastructure Group shareholders split ahead of vote” on May 16, 2016. More interesting news about Spark Infrastructure Group (ASX:SKI) were released by: Fool.com.Au and their article: “How Spark Infrastructure Group fits a dividend seeker’s portfolio” published on July 07, 2016 as well as Smh.com.Au‘s news article titled: “Spark Infrastructure responds to investors with DUET Group exit” with publication date: May 31, 2016.
Spark Infrastructure Group is an Australia company, which is engaged in investment in regulated electricity distribution and transmission businesses in Australia. The company has a market cap of $3.58 billion. The Firm operates through four divisions: Victoria Power Networks, SA Power Networks, TransGrid and Other. It has a 33.47 P/E ratio. Victoria Power Networks holds interest in two electricity distribution businesses in Victoria, which include CitiPower and Powercor.
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