BH Macro Ltd Can’t Burn Your Long Portfolio. Just Reaches 52-Week High

 BH Macro Ltd Can't Burn Your Long Portfolio. Just Reaches 52 Week High

The stock of BH Macro Ltd (LON:BHMG) hit a new 52-week high and has GBX 2213.28 target or 6.00% above today’s GBX 2088.00 share price. The 8 months bullish chart indicates low risk for the GBX 656.28M company. The 1-year high was reported on Nov, 30 by If the GBX 2213.28 price target is reached, the company will be worth GBX 39.38M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock increased 0.19% or GBX 4 on November 30, hitting GBX 2088. About 37,640 shares traded hands or 3.02% up from the average. BH Macro Ltd (LON:BHMG) has declined 1.72% since May 3, 2016 and is downtrending. It has underperformed by 6.94% the S&P500.

More recent BH Macro Ltd (LON:BHMG) news were published by: which released: “Alan Howard BH Macro Global 2015 Letter – Volatility Ahead” on January 31, 2016. Also published the news titled: “Brevan Howard Cuts Management Fee for Listed Macro Hedge Fund” on October 19, 2016.‘s news article titled: “Alan Howard Predicts `Exceptional’ Trading Opportunity” with publication date: January 29, 2016 was also an interesting one.

BH Macro Limited is a closed-ended investment company. The company has a market cap of 656.28 million GBP. The investment objective of the Company is to seek to generate consistent long-term capital appreciation through an investment policy of investing all of its assets . It currently has negative earnings. It invests all of its assets directly in Brevan Howard Master Fund Limited (the Master Fund), which is a hedge fund in the form of a Cayman Islands open-ended investment company, which has its investment objective as the generation of consistent long-term appreciation through active leveraged trading and investment on a global basis.

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.

Related posts

Leave a Comment