Will Hotel Chocolat Group PLC Short Squeeze Soon?

 Will Hotel Chocolat Group PLC Short Squeeze Soon?

The stock of Hotel Chocolat Group PLC (LON:HOTC) is a huge mover today! The stock increased 2.98% or GBX 7 on November 18, hitting GBX 242. About 67,820 shares traded hands or 0.98% up from the average. Hotel Chocolat Group PLC (LON:HOTC) has risen 6.00% since October 19, 2016 and is uptrending. It has outperformed by 1.57% the S&P500.
The move comes after 6 months negative chart setup for the GBX 257.20 million company. It was reported on Nov, 18 by Barchart.com. We have GBX 215.38 PT which if reached, will make LON:HOTC worth GBX 28.29M less.

Hotel Chocolat Group PLC (LON:HOTC) Ratings Coverage

Out of 2 analysts covering Hotel Chocolat Group Ltd (LON:HOTC), 1 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 50% are positive. Hotel Chocolat Group Ltd has been the topic of 4 analyst reports since June 27, 2016 according to StockzIntelligence Inc. Liberum Capital maintained the stock with “Buy” rating in Tuesday, July 5 report. Beaufort Securities maintained the shares of HOTC in a report on Wednesday, July 13 with “Sell” rating. Liberum Capital maintained the shares of HOTC in a report on Tuesday, July 12 with “Buy” rating.

More recent Hotel Chocolat Group PLC (LON:HOTC) news were published by: Fool.Co.Uk which released: “Should you buy stock market newcomers Hotel Chocolat Group plc, Morses Club …” on May 17, 2016. Also Fool.Co.Uk published the news titled: “How are 2016 IPOs Metro Bank plc, CMC Markets plc and Hotel Chocolat Group plc …” on May 12, 2016. Bloomberg.com‘s news article titled: “Hotel Chocolat Gets $242 Million Price Tag in London Listing” with publication date: May 05, 2016 was also an interesting one.

Hotel Chocolat Group PLC, formerly Hotel Chocolat Group Limited, is a United Kingdom company, which is a chocolatier and omni-channel retailer. The company has a market cap of 257.20 million GBP. The Firm is a vertically integrated chocolatier, manufacturing and retailing premium chocolate and chocolate related products direct to customers. It has a 77.99 P/E ratio. The Firm sells its products online and through a network of approximately 80 stores in the United Kingdom and abroad.

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