The stock of Rotala Plc (LON:ROL) hit a new 52-week low and has GBX 50.35 target or 5.00% below today’s GBX 53.00 share price. The 5 months bearish chart indicates high risk for the GBX 22.77 million company. The 1-year low was reported on Nov, 24 by Barchart.com. If the GBX 50.35 price target is reached, the company will be worth GBX 1.14 million 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 stock decreased 1.85% or GBX 1 on November 24, hitting GBX 53. Rotala Plc (LON:ROL) has declined 26.53% since April 26, 2016 and is downtrending. It has underperformed by 31.94% the S&P500.
Rotala Plc operates commercial and subsidized bus routes for businesses, local authorities, the public and private individuals. The company has a market cap of 22.77 million GBP. The Firm is engaged in the provision of bus services. It has a 32.48 P/E ratio. The Firm offers contracted, commercial and charter services.