NMC Health (NMC.L) 19-12-19
NMC Health (NMC.L) has dropped from highs of 2942p. Will it continue, or could you pick up a bargain?
- Now trading at 1508p (at time of writing). A return to period highs would mean a rise of 95%.
- 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 -49% from 12-month highs; +0% from 12 month lows.
Latest News
18 Dec: NMC Health, the Gulf focused healthcare group, announced that a damning report released by Muddy Waters, the US research firm, was ‘unfounded, baseless and misleading’.
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires