The stock of GO UCITS ETF SOLUTIONS PLC ETFS RUSSELL 2000 US SMALL CAP GO UCITS (LON:RTWO) hit a new 52-week high and has GBX 59.11 target or 8.00% above today’s GBX 54.73 share price. The 8 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 23 by Barchart.com. If the GBX 59.11 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 0.86% or GBX 0.47 on November 23, hitting GBX 54.73. About 437 shares traded hands. GO UCITS ETF SOLUTIONS PLC ETFS RUSSELL 2000 US SMALL CAP GO UCITS (LON:RTWO) has risen 34.97% since April 15, 2016 and is uptrending. It has outperformed by 29.64% the S&P500.
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