What’s Ahead for Enteq Upstream PLC After Today’s Huge Increase?

 What's Ahead for Enteq Upstream PLC After Today's Huge Increase?

The stock of Enteq Upstream PLC (LON:NTQ) is a huge mover today! The stock decreased 5.30% or GBX 0.98 on November 23, hitting GBX 17.52. About 32,680 shares traded hands. Enteq Upstream PLC (LON:NTQ) has risen 49.49% since April 22, 2016 and is uptrending. It has outperformed by 44.17% the S&P500.
The move comes after 8 months positive chart setup for the GBX 10.95 million company. It was reported on Nov, 23 by Barchart.com. We have GBX 18.05 PT which if reached, will make LON:NTQ worth GBX 328,500 more.

Enteq Upstream Plc and subsidiaries are engaged in acquiring, consolidating and operating companies providing specialist reach and recovery products and technologies to the upstream gas and oil services market. The company has a market cap of 10.95 million GBP. The Company’s Drilling Tools division is engaged in the design, manufacture and selling of specialized parts and products for directional drilling and measurement while drilling activities for use in the energy exploration and services sector of the gas and oil industry. It currently has negative earnings. The Company’s drilling products include MWD mechanical parts, mud motor parts, float valves and fabricated parts.

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