Is Buying 52-Week Stock Like Creightons plc a Winning Strategy?

 Is Buying 52 Week Stock Like Creightons plc a Winning Strategy?

The stock of Creightons plc (LON:CRL) hit a new 52-week high and has GBX 16.33 target or 4.00% above today’s GBX 15.70 share price. The 7 months bullish chart indicates low risk for the GBX 9.39 million company. The 1-year high was reported on Nov, 24 by If the GBX 16.33 price target is reached, the company will be worth GBX 375,600 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 0.32% or GBX 0.05 on November 24, hitting GBX 15.7. About 98,629 shares traded hands or 95.65% up from the average. Creightons plc (LON:CRL) has risen 90.91% since April 26, 2016 and is uptrending. It has outperformed by 85.50% the S&P500.

Another recent and important Creightons plc (LON:CRL) news was published by which published an article titled: “Creightons plc (CRL.L)” on March 16, 2014.

Creightons plc is engaged in the development, marketing and manufacture of toiletries and fragrances. The company has a market cap of 9.39 million GBP. The Firm operates through three business streams: private label business, contract manufacturing business and branded business. It has a 11.03 P/E ratio. The Company’s private label business focuses on private label products for high street retailers and supermarket chains.

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