The stock of LYXOR INTERNATIONAL ASSET MANAGEMENT LYXOR UCITS ETF EURO CASH (LON:CSHD) hit a new 52-week low and has GBX 105.77 target or 6.00% below today’s GBX 112.52 share price. The 6 months bearish chart indicates high risk for the GBX company. The 1-year low was reported on Nov, 24 by Barchart.com. If the GBX 105.77 price target is reached, the company will be worth GBX less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The ETF increased 0.18% or GBX 0.2 on November 24, hitting GBX 112.52. About 45,559 shares traded hands or 18.63% up from the average. LYXOR INTERNATIONAL ASSET MANAGEMENT LYXOR UCITS ETF EURO CASH (LON:CSHD) has declined 6.52% since April 14, 2016 and is downtrending. It has underperformed by 11.93% the S&P500.
Another recent and important LYXOR INTERNATIONAL ASSET MANAGEMENT LYXOR UCITS ETF EURO CASH (LON:CSHD) news was published by Etfdailynews.com which published an article titled: “ETF Radar: A Closer Look Into The First Global ETF Collateral Report” on July 14, 2011.
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