The stock of LYXOR INTERNATIONAL ASSET MANAGEMENT LYXOR UCITS ETF DJ RUSSIA GDR D $ (LON:RUSU) hit a new 52-week high and has GBX 21.48 target or 5.00% above today’s GBX 20.46 share price. The 9 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 22 by Barchart.com. If the GBX 21.48 price target is reached, the company will be worth GBX more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The ETF increased 0.60% or GBX 0.12 on November 22, hitting GBX 20.46. About 16,428 shares traded hands or 96535.29% up from the average. LYXOR INTERNATIONAL ASSET MANAGEMENT LYXOR UCITS ETF DJ RUSSIA GDR D $ (LON:RUSU) has risen 12.56% since April 14, 2016 and is uptrending. It has outperformed by 8.01% the S&P500.
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