Will Aukett Swanke Group PLC Short Squeeze Soon?

 Will Aukett Swanke Group PLC Short Squeeze Soon?

The stock of Aukett Swanke Group PLC (LON:AUK) hit a new 52-week low and has GBX 3.06 target or 6.00% below today’s GBX 3.25 share price. The 5 months bearish chart indicates high risk for the GBX 5.37 million company. The 1-year low was reported on Nov, 24 by Barchart.com. If the GBX 3.06 price target is reached, the company will be worth GBX 322,200 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 7.14% or GBX 0.25 on November 24, hitting GBX 3.25. About 36,000 shares traded hands. Aukett Swanke Group PLC (LON:AUK) has declined 46.15% since April 26, 2016 and is downtrending. It has underperformed by 51.56% the S&P500.

More news for Aukett Swanke Group PLC (LON:AUK) were recently published by: Uk.Finance.Yahoo.com, which released: “Aukett Swanke Group Plc (AUK.L)” on March 31, 2014. Marketwatch.com‘s article titled: “Aukett Swanke: EU referendum impacted 1H results” and published on June 07, 2016 is yet another important article.

Aukett Swanke Group Plc is a United Kingdom company, which provides design services. The company has a market cap of 5.37 million GBP. The Company’s geographic divisions include United Kingdom, Russia, Turkey, Middle East and Continental Europe. It has a 4.38 P/E ratio. The Middle East consists of the United Arab Emirates activities and its Continental Europe consists of the Czech Republic’s, German, Russian and Turkish operations.

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