Tasty Plc Can’t Burn Your Short Portfolio. Just Reaches 52-Week Low

 Tasty Plc Can't Burn Your Short Portfolio. Just Reaches 52 Week Low

The stock of Tasty Plc (LON:TAST) hit a new 52-week low and has GBX 135.04 target or 3.00% below today’s GBX 139.22 share price. The 8 months bearish chart indicates high risk for the GBX 75.21 million company. The 1-year low was reported on Nov, 30 by Barchart.com. If the GBX 135.04 price target is reached, the company will be worth GBX 2.26M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock decreased 0.20% or GBX 0.28 on November 30, hitting GBX 139.22. About 8,190 shares traded hands. Tasty Plc (LON:TAST) has declined 18.42% since April 29, 2016 and is downtrending. It has underperformed by 23.65% the S&P500.

More notable recent Tasty Plc (LON:TAST) news were published by: Fool.Co.Uk which released: “Why ARM Holdings plc, BTG plc and Tasty Plc could soar higher post-EU referendum” on June 22, 2016, also Fool.Co.Uk with their article: “Should I Put Rolls-Royce Holdings PLC, Whitbread plc Or Tasty Plc In My ISA?” published on March 30, 2016, Fool.Co.Uk published: “Is Tasty plc Better Value Than Crawshaw Group plc?” on August 28, 2014. More interesting news about Tasty Plc (LON:TAST) were released by: Fool.Co.Uk and their article: “3 Solid Small-Caps Set To Fly? Tasty Plc, Bioventix PLC And Alkane Energy Plc” published on April 30, 2015 as well as Fool.Co.Uk‘s news article titled: “No M&A Premium Is Priced Into Tasty plc, Prezzo Plc, Domino’s Pizza Group plc …” with publication date: July 02, 2014.

Tasty Plc is a United Kingdom-based firm engaged in the operation of restaurants. The company has a market cap of 75.21 million GBP. The Firm operates through operating restaurants segment. It currently has negative earnings. The Firm operates in the United Kingdom.

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