The stock of Horizon Discovery Group PLC (LON:HZD) hit a new 52-week low and has GBX 116.89 target or 3.00% below today’s GBX 120.50 share price. The 8 months bearish chart indicates high risk for the GBX 116.65 million company. The 1-year low was reported on Nov, 28 by Barchart.com. If the GBX 116.89 price target is reached, the company will be worth GBX 3.50M 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 2.03% or GBX 2.5 on November 28, hitting GBX 120.5. About 11,328 shares traded hands. Horizon Discovery Group PLC (LON:HZD) has declined 32.60% since April 27, 2016 and is downtrending. It has underperformed by 38.62% the S&P500.
Horizon Discovery Group PLC (LON:HZD) Ratings Coverage
Out of 5 analysts covering Horizon Discovery Group Plc (LON:HZD), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 270 is the highest target while GBX 194 is the lowest. The GBX 217.25 average target is 80.29% above today’s (GBX 120.5) stock price. Horizon Discovery Group Plc has been the topic of 52 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The rating was maintained by Panmure Gordon on Thursday, May 12 with “Buy”. The rating was maintained by Panmure Gordon with “Buy” on Wednesday, November 25. The firm earned “Buy” rating on Wednesday, November 9 by N+1 Singer. The rating was maintained by Beaufort Securities with “Speculative Buy” on Thursday, October 29. The stock has “Buy” rating given by Numis Securities on Wednesday, November 9. Panmure Gordon maintained the shares of HZD in a report on Wednesday, June 1 with “Buy” rating. On Tuesday, September 20 the stock rating was maintained by N+1 Singer with “Buy”. As per Monday, August 3, the company rating was maintained by N+1 Singer. The firm earned “Buy” rating on Thursday, September 1 by Numis Securities. The stock has “Buy” rating given by N+1 Singer on Thursday, September 3.
Another recent and important Horizon Discovery Group PLC (LON:HZD) news was published by Fiercebiotech.com which published an article titled: “Horizon Discovery Group plc In-licenses Oncology Programme from Servier and …” on October 07, 2015.
Horizon Discovery Group PLC is a gene editing firm that creates and engineers genetically-modified cells, applying them in research and clinical applications to advance human health. The company has a market cap of 116.65 million GBP. The Company’s gene editing platform, able to alter almost any gene sequence, has generated a catalogue of over 23,000 cell and in vivo models that recapitulate the genetic anomalies found in diseases like cancer. It currently has negative earnings.
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