Could Boral Limited See a Reversal After This Very Weak Session?

 Could Boral Limited See a Reversal After This Very Weak Session?

The stock of Boral Limited (ASX:BLD) is a huge mover today! The stock decreased 17.47% or $1.06 on November 24, hitting $4.99. About 81.19 million shares traded hands or 1981.79% up from the average. Boral Limited (ASX:BLD) has declined 21.17% since April 28, 2016 and is downtrending. It has underperformed by 26.58% the S&P500.
The move comes after 9 months negative chart setup for the $3.71 billion company. It was reported on Nov, 24 by Barchart.com. We have $4.84 PT which if reached, will make ASX:BLD worth $111.30M less.

More notable recent Boral Limited (ASX:BLD) news were published by: Fool.com.Au which released: “Why the Boral Limited share price crashed 17% today” on November 24, 2016, also Fool.com.Au with their article: “Trumptation: Boral Limited announces giant US acquisition” published on November 21, 2016, Reuters.com published: “BRIEF-Boral Limited to buy Headwaters Inc” on November 20, 2016. More interesting news about Boral Limited (ASX:BLD) were released by: Fool.com.Au and their article: “Boral Limited is among 4 shares are being crushed today” published on November 24, 2016 as well as Fool.com.Au‘s news article titled: “Here’s why the Boral Limited share price is falling today” with publication date: August 24, 2016.

Boral Limited is an Australia-based company, which is engaged in the provision of building and construction materials. The company has a market cap of $3.71 billion. The Company’s products include ash, asphalt, blocks, bricks, cement, cement additives, cement dry mixes, concrete, decorative concrete, lime and minerals, oxides, pavers, pool surfacing, quarry products, retaining walls, roof tiles, stone, structural timber, timber cladding, timber decking and timber flooring. It has a 14.99 P/E ratio. The Company’s building solutions include infrastructure solutions and commercial solutions.

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