Is Buying McKay Securities plc Here a Winning Strategy?

 Is Buying McKay Securities plc Here a Winning Strategy?

The stock of McKay Securities plc (LON:MCKS) is a huge mover today! The stock increased 0.69% or GBX 1.25 on November 23, hitting GBX 182. About 43,296 shares traded hands. McKay Securities plc (LON:MCKS) has declined 23.69% since April 26, 2016 and is downtrending. It has underperformed by 29.02% the S&P500.
The move comes after 7 months positive chart setup for the GBX 170.73M company. It was reported on Nov, 23 by Barchart.com. We have GBX 191.10 PT which if reached, will make LON:MCKS worth GBX 8.54 million more.

McKay Securities PLC is a real estate investment trust . The company has a market cap of 170.73 million GBP. The Firm is engaged in the property investment and development in the United Kingdom. It has a 11.66 P/E ratio. The Firm is focused on the development and refurbishment of the buildings.

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