Does Gear4music Holdings PLC Have Any Gas After Today’s Huge Decline?

 Does Gear4music Holdings PLC Have Any Gas After Today's Huge Decline?

The stock of Gear4music Holdings PLC (LON:G4M) is a huge mover today! The stock decreased 0.47% or GBX 2 on November 29, hitting GBX 428. About 10,007 shares traded hands. Gear4music Holdings PLC (LON:G4M) has risen 228.24% since April 28, 2016 and is uptrending. It has outperformed by 222.98% the S&P500.
The move comes after 8 months negative chart setup for the GBX 86.46M company. It was reported on Nov, 29 by Barchart.com. We have GBX 406.60 PT which if reached, will make LON:G4M worth GBX 4.32 million less.

Gear4music plc is engaged in the online retailing of musical instruments and equipment. The company has a market cap of 86.46 million GBP. The Firm sells its own-brand musical instruments and music equipment alongside with other brands. It has a 41.95 P/E ratio. The Firm offers over 1,500 products, which are sold under approximately eight brands, including Gear4music; Archer, which offers string instruments, such as violins, cellos, violas and double bass; Redsub, which offers bass guitar amplifiers and pedals; SubZero, which offers guitars, amplifiers, mixers, speakers and audio electronics; Minster, which offers digital pianos; Rosedale, which offers woodwind instruments, such as clarinets, flutes, oboes and piccolos, and Brass Instruments, which offers trumpets, trombones, tubas and French horns.

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