Frontier Smart Technologies Group Ltd Sets 52-Week Low; Strong Momentum for Sellers

 Frontier Smart Technologies Group Ltd Sets 52 Week Low; Strong Momentum for Sellers

The stock of Frontier Smart Technologies Group Ltd (LON:FST) hit a new 52-week low and has GBX 73.63 target or 4.00% below today’s GBX 76.70 share price. The 9 months bearish chart indicates high risk for the GBX 32.79 million company. The 1-year low was reported on Nov, 22 by Barchart.com. If the GBX 73.63 price target is reached, the company will be worth GBX 1.31M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock decreased 0.39% or GBX 0.3 on November 22, hitting GBX 76.7. About 21,378 shares traded hands or 31.51% up from the average. Frontier Smart Technologies Group Ltd (LON:FST) has risen 6.00% since October 23, 2016 and is uptrending. It has outperformed by 1.44% the S&P500.

More recent Frontier Smart Technologies Group Ltd (LON:FST) news were published by: Reuters.com which released: “Nose job: smells are smart sensors’ last frontier” on June 22, 2016. Also Globenewswire.com published the news titled: “Italeaf: partnership with Wulian to establish the joint venture WSAVE Co. Ltd” on September 27, 2016. Theguardian.com‘s news article titled: “America’s broken digital copyright law is about to be challenged in court” with publication date: July 21, 2016 was also an interesting one.

Frontier Smart Technologies Group Ltd, formerly Toumaz Ltd, is a semiconductor company. The company has a market cap of 32.79 million GBP. The Company’s principal activity is commercial exploitation of ultra-low power wireless semiconductor and software technologies through the Sensium Healthcare and Frontier Silicon Digital Audio divisions . It currently has negative earnings. The Company’s divisions include Digital Audio and Sensium Healthcare.

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