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Home / Stocks and Markets at Lows / Cineworld Group plc (CINE.L) 10-10-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Cineworld Group plc (CINE.L) 10-10-19 A trading opportunity for you?

Cineworld Group plc (CINE.L) has dropped from highs of 321.0p. Will it continue, or could you pick up a bargain?

 

  • Now trading at 213.62p (at time of writing). A return to period highs would mean a rise of 50%.
  • This shares are amongst the most significant fallers in the period.
  • Markets constantly over-react to adverse news. Traders should consider whether the fall is reasonable, or is this another over-reaction?
  • Bargain hunters should be mindful of the underlying fundamentals.
  • Shares -33% from 12-month highs; +0% from 12 month lows.
  • Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

 

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