A Reversal for Proactis Holdings Plc Is Not Near. The Stock Reaches 52-Week High Today

 A Reversal for Proactis Holdings Plc Is Not Near. The Stock Reaches 52 Week High Today

The stock of Proactis Holdings Plc (LON:PHD) hit a new 52-week high and has GBX 173.34 target or 7.00% above today’s GBX 162.00 share price. The 6 months bullish chart indicates low risk for the GBX 79.53M company. The 1-year high was reported on Nov, 25 by Barchart.com. If the GBX 173.34 price target is reached, the company will be worth GBX 5.57M 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 increased 3.18% or GBX 5 on November 25, hitting GBX 162. About 58,477 shares traded hands. Proactis Holdings Plc (LON:PHD) has risen 15.69% since April 29, 2016 and is uptrending. It has outperformed by 10.28% the S&P500.

Proactis Holdings Plc (LON:PHD) Ratings Coverage

Out of 2 analysts covering PROACTIS Holdings PLC (LON:PHD), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. PROACTIS Holdings PLC has been the topic of 16 analyst reports since August 6, 2015 according to StockzIntelligence Inc. N+1 Singer maintained it with “Buy” rating and GBX 179 target price in Thursday, October 13 report. The firm has “Corporate” rating given on Tuesday, November 3 by FinnCap. The firm has “Corporate” rating by FinnCap given on Wednesday, April 6. On Tuesday, October 13 the stock rating was maintained by FinnCap with “Corporate”. The firm has “Corporate” rating by FinnCap given on Tuesday, June 7. FinnCap maintained Proactis Holdings Plc (LON:PHD) on Wednesday, January 6 with “Corporate” rating. The firm earned “Corporate” rating on Thursday, February 11 by FinnCap. The firm has “Corporate” rating given on Wednesday, October 12 by FinnCap. The firm earned “Corporate” rating on Thursday, August 6 by FinnCap. The rating was maintained by FinnCap with “Corporate” on Wednesday, May 4.

Another recent and important Proactis Holdings Plc (LON:PHD) news was published by Uk.Finance.Yahoo.com which published an article titled: “PROACTIS Holdings PLC (PHD.L)” on March 30, 2014.

PROACTIS Holdings plc is a United Kingdom company, which offers a range of spend control software solutions. The company has a market cap of 79.53 million GBP. The Company’s divisions are Europe and Americas. It has a 27.44 P/E ratio. The Firm creates, sells and maintains specialist software, which enables organizations to streamline, control and monitor all internal and external expenditure, other than payroll.

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