A Reversal for Horizon Discovery Group PLC Is Not Near. The Stock Reaches All-Time Low Today

 A Reversal for Horizon Discovery Group PLC Is Not Near. The Stock Reaches All Time Low Today

The stock of Horizon Discovery Group PLC (LON:HZD) reached all time low today, Nov, 24 and still has GBX 110.84 target or 9.00% below today’s GBX 121.80 share price. This indicates more downside for the GBX 117.86M company. This technical setup was reported by Barchart.com. If the GBX 110.84 PT is reached, the company will be worth GBX 10.61 million less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only. The stock decreased 1.38% or GBX 1.7 on November 24, hitting GBX 121.8. About 28,069 shares traded hands. Horizon Discovery Group PLC (LON:HZD) has declined 30.42% since April 25, 2016 and is downtrending. It has underperformed by 35.83% the S&P500.

Horizon Discovery Group PLC (LON:HZD) Ratings Coverage

Out of 5 analysts covering Horizon Discovery Group Plc (LON:HZD), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Horizon Discovery Group Plc has been the topic of 52 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The stock of Horizon Discovery Group PLC (LON:HZD) earned “Buy” rating by Panmure Gordon on Thursday, September 1. Panmure Gordon maintained it with “Buy” rating and GBX 270 target price in Wednesday, June 1 report. Beaufort Securities maintained the stock with “Speculative Buy” rating in Friday, May 13 report. The stock of Horizon Discovery Group PLC (LON:HZD) earned “Buy” rating by N+1 Singer on Wednesday, November 25. The firm has “Speculative Buy” rating given on Wednesday, April 27 by Beaufort Securities. The firm earned “Buy” rating on Thursday, February 18 by Panmure Gordon. The firm earned “Buy” rating on Wednesday, November 25 by Panmure Gordon. Panmure Gordon maintained Horizon Discovery Group PLC (LON:HZD) rating on Thursday, May 12. Panmure Gordon has “Buy” rating and GBX 270 price target. Beaufort Securities maintained the shares of HZD in a report on Wednesday, November 2 with “Speculative Buy” rating. Beaufort Securities maintained Horizon Discovery Group PLC (LON:HZD) on Tuesday, July 28 with “Speculative Buy” rating.

Another recent and important Horizon Discovery Group PLC (LON:HZD) news was published by Fiercebiotech.com which published an article titled: “Horizon Discovery Group plc In-licenses Oncology Programme from Servier and …” on October 07, 2015.

Horizon Discovery Group PLC is a gene editing firm that creates and engineers genetically-modified cells, applying them in research and clinical applications to advance human health. The company has a market cap of 117.86 million GBP. The Company’s gene editing platform, able to alter almost any gene sequence, has generated a catalogue of over 23,000 cell and in vivo models that recapitulate the genetic anomalies found in diseases like cancer. It currently has negative earnings.

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