The stock of BANK OF IRELAND (GOVERNOR & COMPANY OF THE) NON-CUM PRF’A’#1 LIQUIDATION (LON:BKIC) hit a new 52-week high and has GBX 18.62 target or 4.00% above today’s GBX 17.90 share price. The 5 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 25 by Barchart.com. If the GBX 18.62 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 stock decreased 1.92% or GBX 0.35 on November 25, hitting GBX 17.9. It is down 0.00% since April 19, 2016 and is . It has underperformed by 5.41% the S&P500.
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