The stock of Grande West Transportation Group Inc (CVE:BUS) reached all time high today, Nov, 25 and still has $1.86 target or 8.00% above today’s $1.72 share price. This indicates more upside for the $101.46 million company. This technical setup was reported by Barchart.com. If the $1.86 PT is reached, the company will be worth $8.12M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 289,601 shares traded hands. Grande West Transportation Group Inc (CVE:BUS) has risen 6.00% since October 26, 2016 and is uptrending. It has outperformed by 0.59% the S&P500.
Grande West Transportation Group Inc. is a Canada bus manufacturer. The company has a market cap of $101.46 million. The Firm is engaged in manufacturing of the Vicinity branded transit buses. It currently has negative earnings. The Firm operates in two divisions: bus manufacturing and sales, and the sale of parts for the Vicinity buses in operation.
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