The stock of EUROPEAN METALS HOLDINGS LIMITED ORD NPV (DI) (LON:EMH) hit a new 52-week high and has GBX 39.74 target or 5.00% above today’s GBX 37.85 share price. The 8 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 24 by Barchart.com. If the GBX 39.74 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 decreased 5.38% or GBX 2.15 on November 24, hitting GBX 37.85. About 253,284 shares traded hands. EUROPEAN METALS HOLDINGS LIMITED ORD NPV (DI) (LON:EMH) has risen 162.30% since April 25, 2016 and is uptrending. It has outperformed by 156.89% the S&P500.
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.