What’s Ahead for The Second Cup Ltd After Today’s Huge Increase?

 What's Ahead for The Second Cup Ltd After Today's Huge Increase?

The stock of The Second Cup Ltd (TSE:SCU) is a huge mover today! About 12,150 shares traded hands or 132.89% up from the average. The Second Cup Ltd (TSE:SCU) has declined 25.33% since April 15, 2016 and is downtrending. It has underperformed by 29.19% the S&P500.
The move comes after 6 months positive chart setup for the $29.48 million company. It was reported on Nov, 21 by Barchart.com. We have $5.98 PT which if reached, will make TSE:SCU worth $43.93M more.

More notable recent The Second Cup Ltd (TSE:SCU) news were published by: Theglobeandmail.com which released: “Second Cup mulls strategic options, including sale” on October 31, 2016, also Reuters.com with their article: “BRIEF-Second Cup Ltd Q3 loss per share C$0.01” published on March 26, 2013, Fool.ca published: “3 Ways to Play The Second Cup Ltd. Sale” on November 01, 2016. More interesting news about The Second Cup Ltd (TSE:SCU) were released by: Theglobeandmail.com and their article: “Fred Lum/The Globe and Mail” published on August 19, 2016 as well as Cbc.ca‘s news article titled: “Second Cup seeks turnaround as coffee wars heat up” with publication date: November 03, 2014.

The Second Cup Ltd. is a Canada specialty coffee retailer. The company has a market cap of $29.48 million. The Firm has approximately 310 cafes operating under the trade name, Second Cup in Canada, of which approximately 30 are Company-operated and the remaining are operated by franchisees. It currently has negative earnings. The Firm owns the trademarks, trade names, operating procedures and systems, and other property used in connection with the operation of Second Cup cafes in Canada, excluding the Territory of Nunavut.

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