What’s Next for Pure Technologies Ltd. After Today’s Huge Increase?

 What's Next for Pure Technologies Ltd. After Today's Huge Increase?

The stock of Pure Technologies Ltd. (TSE:PUR) is a huge mover today! About 15,740 shares traded hands. Pure Technologies Ltd. (TSE:PUR) has declined 2.77% since April 21, 2016 and is downtrending. It has underperformed by 8.18% the S&P500.
The move comes after 8 months positive chart setup for the $255.10M company. It was reported on Nov, 25 by Barchart.com. We have $5.02 PT which if reached, will make TSE:PUR worth $20.41 million more.

Pure Technologies Ltd. (TSE:PUR) Ratings Coverage

Out of 4 analysts covering Pure Technologies (TSE:PUR), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $8.50 is the highest target while $1 is the lowest. The $6.13 average target is 31.83% above today’s ($4.65) stock price. Pure Technologies has been the topic of 6 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Canaccord Genuity initiated Pure Technologies Ltd. (TSE:PUR) rating on Wednesday, September 9. Canaccord Genuity has “Buy” rating and $8 price target.

Another recent and important Pure Technologies Ltd. (TSE:PUR) news was published by Fool.ca which published an article titled: “Pure Technologies Ltd. Benefits From Aging Infrastructure” on May 13, 2015.

Pure Technologies Ltd. is engaged in the development and application of technologies for inspection, monitoring and management of physical infrastructure, including water and hydrocarbon pipelines, buildings and bridges. The company has a market cap of $255.10 million. The Company’s divisions include Americas, International and PureHM. It currently has negative earnings.

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