“Trade Less to Earn More”.
If more traders would learn to sit on their hands 50% of the time, they would make a lot more money
About GMM Pfaudler
GMM Pfaudler Limited is a leading supplier of engineered equipment and systems for critical applications in the global chemical and pharmaceutical markets.
Their success is based on close and continuing interaction with our customers, application engineering expertise, innovation, customer support, and a competitive cost structure.
As a customer-focused organization, they strive to fully understand our customer′s needs to better anticipate their future requirements.
Stock Technical Analysis
The reason to put the analysis of this company because of the range break of the price above 4000.
For a very long time this share was range bound and approx a week ago the share broke the range and there was a huge spike in the price and the volume.
After reaching the 4700 levels the stock retested the level near 4100 and not the stock is not moving much.
If the share closes above the previous high of 4700, then we might see the level of 5500 in no time i.e. 30% return if one can buy at the current market price in less than 1 month.
GMM Pfaudler Share News
Last Month, GMM Pfaudler made a huge amount of investment in a foreign country (Luxembourg) to its Joint Venture (GMM International Sarl) for manufacturing activities.
The Investment was made $16.23 million in equity and $29.04 million in debt. Total being $45.33 million.
To read more news about the company visit the company’s website: http://www.gmmpfaudler.com/news.php
Important Note: This is not a recommendation to buy or sell any stock nor to take any position. Please take an informed decision by consulting your financial advisor.