What’s Think Childcare Ltd Upside After Today’s Huge Increase?

 What's Think Childcare Ltd Upside After Today's Huge Increase?

The stock of Think Childcare Ltd (ASX:TNK) is a huge mover today! The stock increased 2.42% or $0.05 on November 18, hitting $2.12. About 420,529 shares traded hands or 867.96% up from the average. Think Childcare Ltd (ASX:TNK) has risen 53.62% since April 22, 2016 and is uptrending. It has outperformed by 49.19% the S&P500.
The move comes after 6 months positive chart setup for the $88.71M company. It was reported on Nov, 18 by Barchart.com. We have $3.67 PT which if reached, will make ASX:TNK worth $64.76M more.

More notable recent Think Childcare Ltd (ASX:TNK) news were published by: Fool.com.Au which released: “Two ways to win with Think Childcare Ltd” on February 22, 2016, also Fool.com.Au with their article: “Childcare sector hots up with another IPO” published on October 28, 2014, Fool.com.Au published: “A Value Investor’s Guide to G8 Education Ltd” on August 29, 2016. More interesting news about Think Childcare Ltd (ASX:TNK) were released by: Smh.com.Au and their article: “Child care not as easy as ABC” published on October 19, 2014 as well as Fool.com.Au‘s news article titled: “Smashed: G8 Education Ltd shares plunge 15%” with publication date: August 16, 2016.

Think Childcare Limited, formerly Think Childcare and Education Limited, is engaged in operating childcare centers. The company has a market cap of $88.71 million. The Firm seeks to provide a professional and nurturing family type environment that supports its children through their emotional, social and physical development. It has a 15.94 P/E ratio. It also prepares children for their transition to the school system through government approved Kindergarten programs, providing them with the foundational skills they need for school readiness.

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