Croma Security Solutions Group PLC Has Another Very Positive Trading Session Recording a Gap Up

 Croma Security Solutions Group PLC Has Another Very Positive Trading Session Recording a Gap Up

The stock of Croma Security Solutions Group PLC (LON:CSSG) gapped up by GBX 0.2 today and has GBX 31.03 target or 7.00% above today’s GBX 29.00 share price. The 9 months technical chart setup indicates low risk for the GBX 4.31 million company. The gap was reported on Nov, 24 by Barchart.com. If the GBX 31.03 price target is reached, the company will be worth GBX 301,700 more.
Gaps up are useful for using as a support level and to some extent as a tradeable event. If investors already hold the stock and experience a price gap up, then its usually a good idea to hold the stock for a stronger up move. Back-tests of these patterns indicate that two-thirds of the times the stock performance improves after the gap. The area gaps close 89% of the time, the breakaway gaps, 2%, the continuation gaps 4% and the exhaustion gaps 61%. The stock decreased 3.33% or GBX 1 on November 24, hitting GBX 29. About 26,000 shares traded hands or 126.92% up from the average. Croma Security Solutions Group PLC (LON:CSSG) has declined 31.03% since April 27, 2016 and is downtrending. It has underperformed by 36.44% the S&P500.

Croma Security Solutions Group plc is a United Kingdom company. The company has a market cap of 4.31 million GBP. The Firm is engaged in the provision of manned guarding and asset protection ; CCTV security, fire and alarm systems (Croma Security Systems); Identity management and access control (Croma Biometrics); Locksmithing Keys, and Locks and Safes (Croma Locksmiths). It has a 16.1 P/E ratio. The Company’s divisions include Croma Vigilant, which consists of the business of Vigilant Security (Scotland) Limited; Croma Security Systems, which consists of the business of CSS Total Security Limited; Croma Locksmiths, which consists of the business of CSS Locksmiths Limited and Croma Biometrics, which consists of the business of Photobase Limited.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment