Is Chelverton Growth Trust plc a Buy? The Stock Rises Again

 Is Chelverton Growth Trust plc a Buy? The Stock Rises Again

The stock of Chelverton Growth Trust plc (LON:CGW) is a huge mover today! The stock decreased 10.40% or GBX 6.5 on November 23, hitting GBX 56. About 4,458 shares traded hands. Chelverton Growth Trust plc (LON:CGW) has risen 1.53% since April 26, 2016 and is uptrending. It has underperformed by 3.80% the S&P500.
The move comes after 6 months positive chart setup for the GBX 3.19M company. It was reported on Nov, 23 by Barchart.com. We have GBX 57.68 PT which if reached, will make LON:CGW worth GBX 95,700 more.

Chelverton Growth Trust PLC is an investment trust. The company has a market cap of 3.19 million GBP. The Company’s objective is to provide capital growth through investment in companies listed on the official list and traded on the Alternative Investment Market. It has a 8.46 P/E ratio. It invests in securities of publicly quoted United Kingdom companies, though it may invest in unquoted securities.

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