The stock of BMO SP TSX CAPPED COMP IDX ETF (TSE:ZCN) hit a new 52-week high and has $28.22 target or 39.00% above today’s $20.30 share price. The 5 months bullish chart indicates low risk for the $1.62B company. The 1-year high was reported on Nov, 21 by Barchart.com. If the $28.22 price target is reached, the company will be worth $631.80 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 18,758 shares traded hands. BMO SP TSX CAPPED COMP IDX ETF (TSE:ZCN) has risen 9.14% since April 15, 2016 and is uptrending. It has outperformed by 5.27% the S&P500.
More notable recent BMO SP TSX CAPPED COMP IDX ETF (TSE:ZCN) news were published by: Etfdailynews.com which released: “Tax Tips for BMO ETF Investors [BMO Equal Weight REITS Index ETF, BMO SP TSX …” on April 08, 2014, also Fool.ca with their article: “Here’s How to Invest in the S&P/TSX Composite â€” And Why You May Not Want To” published on July 24, 2013, Theglobeandmail.com published: “ETFs you should get to know – and those to avoid” on August 24, 2012. More interesting news about BMO SP TSX CAPPED COMP IDX ETF (TSE:ZCN) were released by: Business.Financialpost.com and their article: “6 issues that will affect your fund investments in 2015” published on December 19, 2014 as well as Bnn.ca‘s news article titled: “Larry Berman: A look at quality vs. volatility smart beta strategies” with publication date: October 24, 2016.
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