A Reversal for Forbidden Technologies plc Is Not Near. The Stock Rises Again

 A Reversal for Forbidden Technologies plc Is Not Near. The Stock Rises Again

The stock of Forbidden Technologies plc (LON:FBT) is a huge mover today! The stock decreased 2.02% or GBX 0.24 on November 28, hitting GBX 11.88. About 111,201 shares traded hands. Forbidden Technologies plc (LON:FBT) has risen 46.97% since April 28, 2016 and is uptrending. It has outperformed by 40.96% the S&P500.
The move comes after 9 months positive chart setup for the GBX 17.84M company. It was reported on Nov, 28 by Barchart.com. We have GBX 12.59 PT which if reached, will make LON:FBT worth GBX 1.07M more.

Forbidden Technologies plc is a United Kingdom firm engaged in the development and commercial exploitation of cloud video technology. The company has a market cap of 17.84 million GBP. The Firm is engaged in developing cloud video platform used for its Forscene professional editing suite, its video social network, eva, and its online video editor, Captevate. It currently has negative earnings. The Company’s products are delivered through an integrated Web platform.

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