A Reversal for DX (Group) PLC Is Not Near. The Stock Rises Again

 A Reversal for DX (Group) PLC Is Not Near. The Stock Rises Again

The stock of DX (Group) PLC (LON:DX) is a huge mover today! The stock increased 6.92% or GBX 1.23 on November 22, hitting GBX 18.98. About 2.24 million shares traded hands or 426.47% up from the average. DX (Group) PLC (LON:DX) has declined 21.98% since April 25, 2016 and is downtrending. It has underperformed by 26.53% the S&P500.
The move comes after 8 months positive chart setup for the GBX 38.06M company. It was reported on Nov, 22 by Barchart.com. We have GBX 20.12 PT which if reached, will make LON:DX worth GBX 2.28 million more.

DX (Group) PLC (LON:DX) Ratings Coverage

Out of 2 analysts covering DX Group Plc (LON:DX), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. DX Group Plc has been the topic of 14 analyst reports since September 10, 2015 according to StockzIntelligence Inc. The stock has “Hold” rating given by Cantor Fitzgerald on Monday, February 29. Cantor Fitzgerald maintained it with “Buy” rating and GBX 110 target price in Monday, September 21 report. The firm has “Hold” rating by Numis Securities given on Wednesday, September 21. The firm earned “Hold” rating on Wednesday, March 2 by Cantor Fitzgerald. As per Monday, February 29, the company rating was maintained by Numis Securities. As per Tuesday, May 10, the company rating was maintained by Numis Securities. The firm has “Hold” rating given on Wednesday, September 21 by Cantor Fitzgerald. The firm earned “Hold” rating on Monday, November 16 by Numis Securities. The stock has “Hold” rating given by Cantor Fitzgerald on Wednesday, June 8. The company was maintained on Monday, September 21 by Numis Securities.

More important recent DX (Group) PLC (LON:DX) news were published by: Fool.Co.Uk which released: “Could DX (Group) plc, Hurricane Energy plc and Koovs plc double within a year?” on June 08, 2016, also Fool.Co.Uk published article titled: “Are Falls In DX (Group) plc (-75%) & UK Mail Group plc (-18%) Overdone? Or Is …”, Fool.Co.Uk published: “Should You Buy Parcels Firm DX (Group) PLC As It Acquires City Link Assets?” on January 06, 2015. More interesting news about DX (Group) PLC (LON:DX) was released by: Fool.Co.Uk and their article: “Do Today’s Updates Make DX (Group) PLC, British Polythene Industries plc And …” with publication date: February 29, 2016.

DX plc is engaged in the provision of parcels, mail and logistics services in the United Kingdom and Ireland. The company has a market cap of 38.06 million GBP. The Company’s divisions include parcels and freight, mail and packets, and logistics. It currently has negative earnings. The parcels and freight segment offers services, such as DX 1-Man, engaged in the delivery of irregular dimension and weight items; DX Courier, which provides next day parcel services, and DX 2-Man, which offers a business to consumer home delivery solution for heavier and bulkier items.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment