Is RM2 International SA a Sell? The Stock Declines Again

 Is RM2 International SA a Sell? The Stock Declines Again

The stock of RM2 International SA (LON:RM2) is a huge mover today! The stock decreased 2.59% or GBX 0.75 on November 22, hitting GBX 28.25. About 130,109 shares traded hands. RM2 International SA (LON:RM2) has declined 12.12% since April 22, 2016 and is downtrending. It has underperformed by 16.68% the S&P500.
The move comes after 6 months negative chart setup for the GBX 108.87M company. It was reported on Nov, 22 by Barchart.com. We have GBX 27.12 PT which if reached, will make LON:RM2 worth GBX 4.35M less.

More notable recent RM2 International SA (LON:RM2) news were published by: Marketwired.com which released: “RM2 International SA: Agreement with Pactiv LLC” on November 02, 2016, also Marketwired.com with their article: “RM2 International S.A.: Re Agreement” published on April 06, 2016, Fool.Co.Uk published: “Neil Woodford Ramps Up His Stake In RM2 International SA And Netscientific PLC” on October 01, 2015. More interesting news about RM2 International SA (LON:RM2) were released by: Fool.Co.Uk and their article: “Why RM2 International SA Slumped Today” published on September 19, 2014 as well as Fool.Co.Uk‘s news article titled: “Can Sirius Minerals PLC, RM2 International SA & AFC Energy plc Grow Into World …” with publication date: April 06, 2016.

RM2 International S.A. is a pallet development, manufacture, supply and management company. The company has a market cap of 108.87 million GBP. The Firm is principally engaged in developing and selling shipping pallets and providing related logistical services. It currently has negative earnings. The Company’s product for moving goods, BLOCKPal, has impermeability to water and contamination, fire retardancy, and resistance to damage and weight.

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