The stock of Aurora Labs Ltd (ASX:A3D) reached all time high today, Nov, 29 and still has $3.25 target or 9.00% above today’s $2.98 share price. This indicates more upside for the $41.72 million company. This technical setup was reported by Barchart.com. If the $3.25 PT is reached, the company will be worth $3.75 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. The stock increased 19.20% or $0.48 on November 29, hitting $2.98. About 180,130 shares traded hands or 79.69% up from the average. Aurora Labs Ltd (ASX:A3D) has risen 6.00% since October 30, 2016 and is uptrending. It has outperformed by 0.74% the S&P500.
Another recent and important Aurora Labs Ltd (ASX:A3D) news was published by Theguardian.com which published an article titled: “3D printing and how it can revolutionise Australia’s remote communities” on October 05, 2016.
Aurora Labs Limited is engaged in the design, development and manufacture of three-dimensional metal printers and associated services and products. The company has a market cap of $41.72 million. The Firm also specializes in the development of printer software and the supply of associated consumable materials. It currently has negative earnings. It makes two models of small format printers (SFPs): the S-Titanium and S-Titanium Pro.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.