The stock of TP Group PLC (LON:TPG) is a huge mover today! The stock decreased 4.76% or GBX 0.25 on November 30, hitting GBX 5. About 468,780 shares traded hands or 21.39% up from the average. TP Group PLC (LON:TPG) has risen 50.00% since May 2, 2016 and is uptrending. It has outperformed by 44.77% the S&P500.
The move comes after 6 months positive chart setup for the GBX 21.72M company. It was reported on Nov, 30 by Barchart.com. We have GBX 5.15 PT which if reached, will make LON:TPG worth GBX 651,600 more.
TP Group plc, formerly Corac Group plc, is United Kingdom engineering company, which focuses on the defense and energy sectors. The company has a market cap of 21.72 million GBP. The Company’s principal activities consists of TPG Maritime, which provides air purification equipment for submarines, including oxygen/hydrogen generation and purification, air handling and distribution systems; TPG Design and Technology, which specializes in the design and development of turbomachinery; TPG Engineering, which includes the manufacture of heat exchange equipment used in the heating and cooling of large scale industrial processes and other fabricated structures, and TPG Managed Solutions, which provides services to major organizations through prime contracting and provision of specialist resources. It currently has negative earnings.
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