The stock of Redt Energy PLC (LON:RED) is a huge mover today! The stock decreased 3.26% or GBX 0.46 on November 29, hitting GBX 13.66. About 1.05 million shares traded hands. Redt Energy PLC (LON:RED) has risen 61.43% since April 28, 2016 and is uptrending. It has outperformed by 56.17% the S&P500.
The move comes after 5 months negative chart setup for the GBX 62.77M company. It was reported on Nov, 29 by Barchart.com. We have GBX 13.25 PT which if reached, will make LON:RED worth GBX 1.88 million less.
More news for Redt Energy PLC (LON:RED) were recently published by: Fool.Co.Uk, which released: “3 potential ten-baggers? Redt Energy plc, Iofina plc and Amur Minerals corporation” on June 07, 2016. Fool.Co.Uk‘s article titled: “Can Redt Energy PLC hit 20p before the end of the year?” and published on November 07, 2016 is yet another important article.
redT energy plc, formerly Camco Clean Energy plc, is engaged in developing and supplying energy storage systems based on vanadium redox flow technology for on and off-grid applications. The company has a market cap of 62.77 million GBP. The Company’s divisions include US business, Africa Clean Energy business, redT Energy Storage business and Group . It currently has negative earnings. The redT business segment is focused on the on-going development of its energy storage system.
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