Could Immedia Group PLC Recover After Today’s Huge Decline?

 Could Immedia Group PLC Recover After Today's Huge Decline?

The stock of Immedia Group PLC (LON:IME) is a huge mover today! The stock decreased 9.09% or GBX 3.5 on November 29, hitting GBX 35. About 30,000 shares traded hands or 120.85% up from the average. Immedia Group PLC (LON:IME) has risen 84.62% since May 2, 2016 and is uptrending. It has outperformed by 79.36% the S&P500.
The move comes after 6 months negative chart setup for the GBX 5.67M company. It was reported on Nov, 29 by We have GBX 32.20 PT which if reached, will make LON:IME worth GBX 453,600 less.

Immedia Group Plc is a production company. The company has a market cap of 5.67 million GBP. The Firm provides in store music and communications solutions. It currently has negative earnings. It operates through two divisions: production, which includes the content created for customers, including audio and visual (Radio Vision, TextVision, music, advertising and branding), and operations, which includes the supply and installation of equipment to deliver content to customers, the delivery of content (including through broadband or satellite technologies), and the maintenance of the equipment.

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