The stock of F&C Global Smaller Companies PLC (LON:FCS) hit a new 52-week high and has GBX 1290.60 target or 8.00% above today’s GBX 1195.00 share price. The 5 months bullish chart indicates low risk for the GBX 661.11M company. The 1-year high was reported on Nov, 23 by Barchart.com. If the GBX 1290.60 price target is reached, the company will be worth GBX 52.89 million 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 stock increased 0.84% or GBX 10 on November 23, hitting GBX 1195. About 17,510 shares traded hands. F&C Global Smaller Companies PLC (LON:FCS) has risen 19.25% since April 25, 2016 and is uptrending. It has outperformed by 13.92% the S&P500.
Another recent and important F&C Global Smaller Companies PLC (LON:FCS) news was published by Marketwatch.com which published an article titled: “F&C Global Smaller Cos. PLC” on July 16, 2009.
F&C Global Smaller Companies PLC is an investment trust company. The company has a market cap of 661.11 million GBP. The Company’s investment objective is to invest in smaller companies across the world in order to secure a high total return. It has a 34.38 P/E ratio. The Firm pursues its investment objective by investing in stocks in a range of industry sectors across the world.
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