The stock of VENTUS 2 VCT PLC C SHS 25P (LON:VNC) hit a new 52-week high and has GBX 117.42 target or 3.00% above today’s GBX 114.00 share price. The 7 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 117.42 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 increased 0.88% or GBX 1 on November 25, hitting GBX 114. VENTUS 2 VCT PLC C SHS 25P (LON:VNC) has declined 4.60% since April 27, 2016 and is downtrending. It has underperformed by 10.01% the S&P500.
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