The stock of Pinnacle Investment Management Group Ltd (ASX:PNI) is a huge mover today! The stock increased 2.46% or $0.06 on November 30, hitting $2.5. About 81,596 shares traded hands. Pinnacle Investment Management Group Ltd (ASX:PNI) has risen 160.42% since May 4, 2016 and is uptrending. It has outperformed by 155.19% the S&P500.
The move comes after 7 months positive chart setup for the $370.44M company. It was reported on Nov, 30 by Barchart.com. We have $2.65 PT which if reached, will make ASX:PNI worth $22.23 million more.
Pinnacle Investment Management Group Limited, formerly Wilson Group Limited, is a multi-affiliate investment management company. The company has a market cap of $370.44 million. The Firm operates through two divisions, including Pinnacle and Wilson Group. It has a 48.39 P/E ratio. The Company’s Pinnacle segment is engaged in developing and operating funds management business, and providing distribution services, business support and responsible entity services to the Pinnacle Boutiques and external parties.
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