The stock of Allied Minds PLC (LON:ALM) is a huge mover today! The stock decreased 1.20% or GBX 4.5 on November 28, hitting GBX 369.1. About 74,418 shares traded hands. Allied Minds PLC (LON:ALM) has declined 6.55% since April 27, 2016 and is downtrending. It has underperformed by 12.57% the S&P500.
The move comes after 7 months positive chart setup for the GBX 796.69 million company. It was reported on Nov, 28 by Barchart.com. We have GBX 383.86 PT which if reached, will make LON:ALM worth GBX 31.87M more.
More notable recent Allied Minds PLC (LON:ALM) news were published by: Businesswire.com which released: “Allied Minds and GE Ventures Form Strategic Alliance to Commercialize Leading …” on September 29, 2016, also Businesswire.com with their article: “Allied Minds plc Trading Statement” published on February 09, 2016, Reuters.com published: “Hedge fund Kerrisdale sees Allied Minds falling as much as 67 percent” on September 22, 2015. More interesting news about Allied Minds PLC (LON:ALM) were released by: Businesswire.com and their article: “Allied Minds Announces Successful Completion of ABLS II Drug Candidate …” published on May 25, 2016 as well as Businesswire.com‘s news article titled: “Allied Minds’ Subsidiary Spin Transfer Technologies Produces Successful Prototype” with publication date: February 04, 2016.
Allied Minds PLC is a diversified holding firm focused on venture creation within the life science and technology sectors. The company has a market cap of 796.69 million GBP. With unparalleled access to hundreds of university and federal labs across the United States, Allied Minds forms, funds, and operates a portfolio of companies to generate long-term value for its investors and stakeholders. It currently has negative earnings.
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