Shares & Derivatives
This Stock has reached a new high stock price , will it still advance?
By Singapore Stocks Investing (SSI)  •  April 29, 2015
CWT stock closed at $1.97 yesterday (28 April 2015), at a new high. The “volume breakout” occurred on 20 April 2015 with a 4.3% increase in stock price and a closing stock price of $1.825; since then to yesterday, there was a good 7.95% increase in stock price. CWT’s stock price low was on 20 March 2015 at $1.505 and yesterday’s stock price was a good 31% increase in CWT’s stock price since. Technically, CWT stock is overbought. SGX’s website has a hold recommendation on the stock at $1.90 though I will think a good support of CWT is at $1.82. The price to book ratio of CWT stock is 1.602 while the price-to-earnings ratio is 8.477. CWT stock’s price-to-earnings ratio is low, almost half as compared to its counterpart: Poh Tiong Choon Logistics stock. I am not sure whether NSF ......
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By Singapore Stocks Investing (SSI)
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