Time to Buy Cambria Automobiles PLC After Reaching 52-Week Low?

 Time to Buy Cambria Automobiles PLC After Reaching 52 Week Low?

The stock of Cambria Automobiles PLC (LON:CAMB) hit a new 52-week low and has GBX 53.58 target or 6.00% below today’s GBX 57.00 share price. The 8 months bearish chart indicates high risk for the GBX 57.00 million company. The 1-year low was reported on Nov, 25 by Barchart.com. If the GBX 53.58 price target is reached, the company will be worth GBX 3.42 million 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 5.00% or GBX 3 on November 25, hitting GBX 57. About 127,073 shares traded hands or 22.34% up from the average. Cambria Automobiles PLC (LON:CAMB) has declined 14.96% since April 29, 2016 and is downtrending. It has underperformed by 20.37% the S&P500.

More news for Cambria Automobiles PLC (LON:CAMB) were recently published by: Fool.Co.Uk, which released: “Are 30% gains on offer at Cambria Automobiles plc, Standard Chartered plc and …” on May 10, 2016. 4-Traders.com‘s article titled: “Cambria Automobiles PLC : Directors Dealings – Mark Lavery 4 October 2011” and published on October 04, 2011 is yet another important article.

Cambria Automobiles plc is a United Kingdom motor retail company. The company has a market cap of 57.00 million GBP. The Firm is engaged in the business of sale and servicing of motor vehicles. It has a 6.16 P/E ratio. The Company’s divisions include New Car, Used Car, Aftersales and Internal sales.

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