Macro Enterprises Inc.’s Stock Is Buy After Today’s Huge Increase

 Macro Enterprises Inc.'s Stock Is Buy After Today's Huge Increase

The stock of Macro Enterprises Inc. (CVE:MCR) is a huge mover today! About 14,700 shares traded hands. Macro Enterprises Inc. (CVE:MCR) has risen 6.00% since October 26, 2016 and is uptrending. It has outperformed by 0.59% the S&P500.
The move comes after 9 months positive chart setup for the $45.19M company. It was reported on Nov, 25 by Barchart.com. We have $1.56 PT which if reached, will make CVE:MCR worth $1.81M more.

More notable recent Macro Enterprises Inc. (CVE:MCR) news were published by: Marketwired.com which released: “Macro Enterprises Inc. Announces 2015 Third Quarter Results” on November 13, 2015, also Seekingalpha.com with their article: “Macro Enterprises: A $36 Million Skeleton In The Closet?” published on October 07, 2015, Marketwired.com published: “Macro Enterprises Inc. Announces Date of Release of 2016 First Quarter Results …” on May 11, 2016. More interesting news about Macro Enterprises Inc. (CVE:MCR) were released by: Marketwired.com and their article: “Macro Enterprises Inc. Announces Changes to Management” published on May 09, 2014 as well as Seekingalpha.com‘s news article titled: “Macro Enterprises: Cheap Today, With An Imminent Catalyst For Material Upside …” with publication date: June 05, 2015.

Macro Enterprises Inc. is engaged in providing pipeline and facilities construction and pipeline repair services to companies in the gas and oil industry in western Canada. The company has a market cap of $45.19 million. The Firm performs a range of activities, including clearing and grading of the right-of-way, welding of the pipe to form a continuous pipeline, creating a ditch in which to bury the pipe and backfilling the ditch, among others. It currently has negative earnings. Pipeline repair is divided in two categories, emergency and planned work.

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