The stock of Delivra Corp (CVE:DVA) reached all time high today, Dec, 1 and still has $0.83 target or 5.00% above today’s $0.79 share price. This indicates more upside for the $15.99 million company. This technical setup was reported by Barchart.com. If the $0.83 PT is reached, the company will be worth $799,500 more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 511,058 shares traded hands or 1109.55% up from the average. Delivra Corp (CVE:DVA) has risen 6.00% since November 1, 2016 and is uptrending. It has outperformed by 0.07% the S&P500.
More notable recent Delivra Corp (CVE:DVA) news were published by: Marketwired.com which released: “Delivra Corp. Issues $2020900, 6% Unsecured Convertible Debentures” on September 15, 2016, also Marketwired.com with their article: “Canopy Growth and Delivra Partner to Offer Innovative Therapeutic Cannabis …” published on September 19, 2016, Marketwired.com published: “Delivra Announces Q2 2016 Financial Results” on August 29, 2016. More interesting news about Delivra Corp (CVE:DVA) were released by: Marketwired.com and their article: “Delivra Enhances Performance of Celebrex(TM) (Celecoxib) — New Formulation …” published on October 03, 2016 as well as Marketwired.com‘s news article titled: “Delivra Powers Diabetic Wound Healing” with publication date: March 29, 2016.
Delivra Corp., formerly Whiteknight Acquisitions III Inc., is a developer of transdermal technologies for the delivery of pharmaceutical and natural molecules through the skin. The company has a market cap of $15.99 million. The Firm makes and sells natural topical creams under its brand names, LivRelief, which is indicated for conditions, including joint and muscle pain, nerve pain, circulation and wound healing, and LivSport brand, which is indicated for sports performance. It currently has negative earnings. The Company’s business is divided into two areas of focus: Consumer Healthcare Over the Counter Retail products, and Technology Licensing.
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