The stock of LYXOR INTERNATIONAL ASSET MANAGEMENT LYXOR UCITS ETF DJ RUSSIA GDR D (LON:RUSL) hit a new 52-week high and has GBX 1774.52 target or 9.00% above today’s GBX 1628.00 share price. The 9 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 1774.52 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 decreased 0.44% or GBX 7.25 on November 23, hitting GBX 1628. About 3,836 shares traded hands. LYXOR INTERNATIONAL ASSET MANAGEMENT LYXOR UCITS ETF DJ RUSSIA GDR D (LON:RUSL) has risen 12.71% since April 8, 2016 and is uptrending. It has outperformed by 7.38% the S&P500.
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