Could Sopheon Plc Decline After Today’s Huge Increase?

 Could Sopheon Plc Decline After Today's Huge Increase?

The stock of Sopheon Plc (LON:SPE) is a huge mover today! The stock increased 1.52% or GBX 4.5 on November 22, hitting GBX 300. About 23,359 shares traded hands. Sopheon Plc (LON:SPE) has risen 209.42% since April 22, 2016 and is uptrending. It has outperformed by 204.87% the S&P500.
The move comes after 8 months positive chart setup for the GBX 22.20 million company. It was reported on Nov, 22 by Barchart.com. We have GBX 312.00 PT which if reached, will make LON:SPE worth GBX 888,000 more.

More recent Sopheon Plc (LON:SPE) news were published by: Fool.Co.Uk which released: “Can Sopheon Plc Build On Thursday’s 40% Share Price Jump?” on March 17, 2016. Also Businesswire.com published the news titled: “Afton Chemical Sparks “Passion for Solutions” with Sopheon’s Idea Labâ„¢ Software” on May 18, 2010. Businesswire.com‘s news article titled: “Sopheon’s Accolade ® Endorsed for Ability to Support Successful Stage-Gate …” with publication date: February 10, 2010 was also an interesting one.

Sopheon plc is a United Kingdom-based company, which is engaged in the provision of software and services in the product lifecycle management market. The company has a market cap of 22.20 million GBP. The Firm operates in two divisions: North America and Europe. It has a 10.55 P/E ratio. The Company’s Accolade solution provides integrated support for innovation planning, roadmapping, idea and concept development, process, project, portfolio, resource and in-market management.

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