The stock of Defenx PLC (LON:DFX) reached all time high today, Apr, 23 and still has GBX 299.15 target or 93.00% above today’s GBX 155.00 share price. This indicates more upside for the GBX 9.33 million company.If the GBX 299.15 PT is reached, the company will be worth GBX 8.68 million 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. The stock increased 11.91% or GBX 16.5 on April 22, hitting GBX 155. About 29,171 shares traded hands or 700.96% up from the average. Defenx PLC (LON:DFX) has risen 6.00% since March 24, 2016 and is uptrending. It has outperformed by 1.18% the S&P500.
Defenx PLC is a United Kingdom-based security software solutions company, which offers a range of security software products for the mobile device, personal computer and network security markets. The company has a market cap of 9.33 million GBP. The Firm offers malware protection, which is designed to manage the use of memory, bandwidth and processor. It has a 25.04 P/E ratio. The Company’s products include Security Suite, Antivirus, Mobile Security Suite and Total Security.
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