The stock of ETFS COMMODITY SECURITIES LIMITED ETFS ALUMINIUM (LON:ALUM) hit a new 52-week high and has GBX 2.94 target or 3.00% above today’s GBX 2.85 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 2.94 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 ETF decreased 0.70% or GBX 0.02 on November 24, hitting GBX 2.85. About 148,710 shares traded hands. ETFS COMMODITY SECURITIES LIMITED ETFS ALUMINIUM (LON:ALUM) has risen 12.62% since April 15, 2016 and is uptrending. It has outperformed by 7.21% the S&P500.
Another recent and important ETFS COMMODITY SECURITIES LIMITED ETFS ALUMINIUM (LON:ALUM) news was published by Blogs.Wsj.com which published an article titled: “The ETF With the 0.00% Fee” on October 07, 2016.
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