What’s NB DISTRESSED DEBT INVESTMENT FUND LIMITED RED ORD NPV Upside After Reaching 52-Week High?

 What's NB DISTRESSED DEBT INVESTMENT FUND LIMITED RED ORD NPV Upside After Reaching 52 Week High?

The stock of NB DISTRESSED DEBT INVESTMENT FUND LIMITED RED ORD NPV (LON:NBDG) hit a new 52-week high and has GBX 82.40 target or 3.00% above today’s GBX 80.00 share price. The 6 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 82.40 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 stock increased 1.59% or GBX 1.25 on November 23, hitting GBX 80. About 45,221 shares traded hands. NB DISTRESSED DEBT INVESTMENT FUND LIMITED RED ORD NPV (LON:NBDG) has risen 11.85% since April 26, 2016 and is uptrending. It has outperformed by 6.52% the S&P500.

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