JB Hi-Fi Limited Can’t Burn Your Long Portfolio. Has Another Strong Session

 JB Hi Fi Limited Can't Burn Your Long Portfolio. Has Another Strong Session

The stock of JB Hi-Fi Limited (ASX:JBH) is a huge mover today! The stock increased 3.28% or $0.88 on November 30, hitting $27.68. About 1.12 million shares traded hands or 59.30% up from the average. JB Hi-Fi Limited (ASX:JBH) has risen 17.74% since May 4, 2016 and is uptrending. It has outperformed by 12.51% the S&P500.
The move comes after 7 months positive chart setup for the $3.17 billion company. It was reported on Nov, 30 by Barchart.com. We have $28.79 PT which if reached, will make ASX:JBH worth $126.80 million more.

More notable recent JB Hi-Fi Limited (ASX:JBH) news were published by: Fool.com.Au which released: “How Amazon could wreck JB Hi-Fi Limited & Harvey Norman Holdings Limited” on November 06, 2016, also Fool.com.Au with their article: “Why investors should sell JB Hi-Fi Limited shares now” published on September 14, 2016, Fool.com.Au published: “Why shares of JB Hi-Fi Limited are skyrocketing today” on August 15, 2016. More interesting news about JB Hi-Fi Limited (ASX:JBH) were released by: Fool.com.Au and their article: “JB Hi-Fi Limited to buy The Good Guys for $870 million: What you need to know” published on September 13, 2016 as well as Fool.com.Au‘s news article titled: “Amazon could decimate JB Hi-Fi Limited and Premier Investments” with publication date: September 26, 2016.

JB Hi-Fi Limited is engaged in the retailing of home consumer products. The company has a market cap of $3.17 billion. The Firm has two divisions: Australia and New Zealand. It has a 18.42 P/E ratio. It is involved in the sale of consumer electronics services and products, including televisions, audio equipment, computers and cameras; software, including Compact Discs (CDs), Digital Versatile Discs (DVDs), Blu-ray discs and game; whitegoods, cooking products and small appliances; telecommunication services and products; musical instruments, and digital video content.

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