What’s Ahead for Canadian Life Companies Split Corp. After Today’s Huge Decline?

 What's Ahead for Canadian Life Companies Split Corp. After Today's Huge Decline?

The stock of Canadian Life Companies Split Corp. (TSE:LFE) is a huge mover today! About 47,211 shares traded hands. Canadian Life Companies Split Corp. (TSE:LFE) has risen 63.94% since April 22, 2016 and is uptrending. It has outperformed by 57.93% the S&P500.
The move comes after 6 months negative chart setup for the $86.31 million company. It was reported on Nov, 28 by Barchart.com. We have $5.22 PT which if reached, will make TSE:LFE worth $6.90 million less.

More important recent Canadian Life Companies Split Corp. (TSE:LFE) news were published by: Marketwired.com which released: “Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend” on November 15, 2016, also Marketwired.com published article titled: “Canadian Life Companies Split Corp. Declares Preferred Share Dividend”, News.Sys-Con.com published: “Canadian Life Companies Split Corp. Preferred Dividend Declared” on October 19, 2016. More interesting news about Canadian Life Companies Split Corp. (TSE:LFE) was released by: Theglobeandmail.com and their article: “Ups and downs of split shares” with publication date: March 01, 2011.

Canadian Life Companies Split Corp. is a mutual fund corporation. The company has a market cap of $86.31 million. The Firm invests primarily in a portfolio of common shares of approximately four core large capitalization Canadian life insurance companies, such as Great West Lifeco Inc., Manulife Financial Corporation, Industrial-Alliance Insurance & Financial Services and Sun Life Financial Inc. It currently has negative earnings. The Firm offers two types of shares: Preferred shares and Class A shares.

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