Will Record Plc Short Squeeze Soon?

 Will Record Plc Short Squeeze Soon?

The stock of Record Plc (LON:REC) is a huge mover today! The stock increased 1.65% or GBX 0.5 on November 23, hitting GBX 30.75. About 209,257 shares traded hands or 88.22% up from the average. Record Plc (LON:REC) has risen 14.15% since April 26, 2016 and is uptrending. It has outperformed by 8.82% the S&P500.
The move comes after 7 months negative chart setup for the GBX 67.56 million company. It was reported on Nov, 23 by Barchart.com. We have GBX 29.83 PT which if reached, will make LON:REC worth GBX 2.03M less.

Another recent and important Record Plc (LON:REC) news was published by Fool.Co.Uk which published an article titled: “Record plc could be set for big dividend payments” on November 18, 2016.

Record plc is a United Kingdom company, which is engaged in the provision of currency management services. The company has a market cap of 67.56 million GBP. The Company’s suite of products is divided in two categories: Currency Hedging and Currency for Return products. It has a 12.24 P/E ratio. It also offers solutions to individual client requirements.

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