What’s Propelling Super Retail Group Ltd to Increase So Much?

 What's Propelling Super Retail Group Ltd to Increase So Much?

The stock of Super Retail Group Ltd (ASX:SUL) is a huge mover today! The stock increased 2.04% or $0.18 on November 18, hitting $9. About 756,700 shares traded hands or 18.53% up from the average. Super Retail Group Ltd (ASX:SUL) has risen 8.43% since April 22, 2016 and is uptrending. It has outperformed by 4.00% the S&P500.
The move comes after 6 months positive chart setup for the $1.72 billion company. It was reported on Nov, 18 by Barchart.com. We have $14.58 PT which if reached, will make ASX:SUL worth $1.07B more.

More notable recent Super Retail Group Ltd (ASX:SUL) news were published by: Fool.com.Au which released: “Why shares of Super Retail Group Ltd jumped on Friday” on August 26, 2016, also Fool.com.Au with their article: “Here’s why Super Retail Group Ltd shares plunged 15% today” published on February 26, 2016, Fool.com.Au published: “Why the Super Retail Group Ltd share price soared 11% today” on May 05, 2016. More interesting news about Super Retail Group Ltd (ASX:SUL) were released by: Fool.com.Au and their article: “Super Retail Group Ltd shares fall on trading update: What you need to know” published on October 24, 2016 as well as Fool.com.Au‘s news article titled: “Should you buy Super Retail Group Ltd today?” with publication date: October 22, 2015.

Super Retail Group Limited is primarily involved in the retail industry. The company has a market cap of $1.72 billion. The Company’s principal activities include retailing of auto parts and accessories, tools and equipment; retailing of boating, camping, outdoor equipment, fishing equipment and apparel, and retailing of sporting equipment, bicycles, bicycle accessories and apparel. It has a 28.47 P/E ratio. The Company’s divisions include Auto, which is engaged in retailing of auto parts and accessories, tools and equipment; Leisure, which is engaged in retailing of boating, camping, outdoor equipment, fishing equipment and apparel, and Sports, which is engaged in retailing of sporting equipment, bicycles, bicycle accessories and apparel.

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