What’s Ahead for TRACKX HOLDINGS INC After Reaching 52-Week Low?

 What's Ahead for TRACKX HOLDINGS INC After Reaching 52 Week Low?

The stock of TRACKX HOLDINGS INC (CVE:TKX) hit a new 52-week low and has $0.30 target or 7.00% below today’s $0.32 share price. The 8 months bearish chart indicates high risk for the $12.35M company. The 1-year low was reported on Dec, 1 by Barchart.com. If the $0.30 price target is reached, the company will be worth $864,500 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. About 113,101 shares traded hands or 36.88% up from the average. TRACKX HOLDINGS INC (CVE:TKX) has risen 6.00% since November 1, 2016 and is uptrending. It has outperformed by 0.07% the S&P500.

More important recent TRACKX HOLDINGS INC (CVE:TKX) news were published by: Marketwired.com which released: “TrackX Holdings Inc.: Reverse Takeover Completed” on May 26, 2016, also Marketwatch.com published article titled: “TrackX Holdings Inc.”, Marketwired.com published: “TrackX to Present at RAI$E at the STAMPEDE Investor Conference, July 6-7” on June 29, 2016. More interesting news about TRACKX HOLDINGS INC (CVE:TKX) was released by: Marketwired.com and their article: “TrackX Hires Chief Operating Officer” with publication date: October 18, 2016.

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