Time to Buy Starcom PLC After Today’s Huge Increase?

 Time to Buy Starcom PLC After Today's Huge Increase?

The stock of Starcom PLC (LON:STAR) is a huge mover today! The stock decreased 10.35% or GBX 0.38 on November 22, hitting GBX 3.25. About 854,841 shares traded hands. Starcom PLC (LON:STAR) has risen 38.10% since April 21, 2016 and is uptrending. It has outperformed by 33.54% the S&P500.
The move comes after 5 months positive chart setup for the GBX 5.17 million company. It was reported on Nov, 22 by Barchart.com. We have GBX 3.35 PT which if reached, will make LON:STAR worth GBX 155,100 more.

Starcom PLC (LON:STAR) Ratings Coverage

Out of 2 analysts covering Starcom PLC (LON:STAR), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Starcom PLC has been the topic of 18 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The stock of Starcom PLC (LON:STAR) earned “Corporate” rating by Northland Capital on Wednesday, January 20. The firm has “Corporate” rating by Northland Capital given on Friday, October 21. The firm has “Buy” rating given on Wednesday, May 4 by Northland Capital. The firm earned “Corporate” rating on Wednesday, January 6 by Northland Capital. Northland Capital maintained the shares of STAR in a report on Thursday, October 15 with “Corporate” rating. As per Friday, August 21, the company rating was maintained by Northland Capital. The rating was maintained by Northland Capital with “Corporate” on Thursday, November 12. Northland Capital maintained the stock with “Corporate” rating in Wednesday, September 30 report. The firm has “Buy” rating given on Friday, November 4 by Northland Capital. On Monday, August 24 the stock rating was maintained by Beaufort Securities with “Hold”.

Starcom plc is engaged in the development of wireless solutions for the remote tracking, monitoring and protection of various types of assets and people. The company has a market cap of 5.17 million GBP. The Company, along with its subsidiaries, has four operating divisions: sets, accessory, Web and other. It currently has negative earnings. The Firm has two wholly owned subsidiaries: Starcom G.P.S.

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