The stock of Nexoptic Technology Corp (CVE:NXO) reached all time high today, Dec, 1 and still has $0.75 target or 9.00% above today’s $0.69 share price. This indicates more upside for the $40.86 million company. This technical setup was reported by Barchart.com. If the $0.75 PT is reached, the company will be worth $3.68M 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 348,525 shares traded hands or 125.71% up from the average. Nexoptic Technology Corp (CVE:NXO) has risen 6.00% since November 1, 2016 and is uptrending. It has outperformed by 0.07% the S&P500.
More news for Nexoptic Technology Corp (CVE:NXO) were recently published by: Marketwatch.com, which released: “Nexoptic Technology Corp.” on July 04, 2016. Marketwired.com‘s article titled: “Nexoptic and Spectrum Announce Lens Stack Depth to Aperture Ratio of Near 1:1 …” and published on February 29, 2016 is yet another important article.
NexOptic Technology Corp., formerly Elissa Resources Ltd. is a Canada technology company. The company has a market cap of $40.86 million. The Firm invests in the area of optical and lens technologies. It currently has negative earnings. The Company’s divisions include USA and Canada.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.