Four AIM Stocks Trending Higher In The First Month Of 2020: AFX, BOO, BREE And CTH

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Four AIM Stocks Trending Higher In The First Month Of 2020: AFX, BOO, BREE And CTH

 Four AIM Stocks Trending Higher In The First Month Of 2020: AFX, BOO, BREE And CTH

  • AIM stocks registered new 52-week highs in January 2020.
  • Oscillating near their 52w peak price level.

The Alternative Investment Market-segment (AIM), which typically represents a portfolio of the UK's small-caps and penny-cap stocks listed and traded on the LSE. AIM is a subsegment of the London Stock Exchange, which was designed to facilitate smaller businesses to garner capital by listing on a stock exchange with much greater controlling flexibilities against the main market listing compliance.

As this segment typically represents the smaller businesses, implied risk and return potential is also comparatively higher into these companies.

The broader AIM indices are FTSE AIM AllShare Index, FTSE AIM UK 50 Index and FTSE AIM 100 Index.

Here we are sharing a list of four AIM-listed up trending stocks in January 2020

Alpha FX Group PLC (LON: AFX): London Stock Exchange-traded Alpha FX Group PLC is a corporate foreign exchange services provider and helps its clientele to control the impact of currency volatility of their businesses. The £486.29m market-cap company develops Alpha FX tailored hedging programmes, that facilitate businesses balance when, how much, and how far forward to buy currency.

Its shares are trending higher on the daily price chart, as on a YoY basis, its stock has surged approximately 104.7%, nudged approximately 36% in the past three months, was up approximately 14% in a month-over period and traded about 6% higher in the past five trading sessions. Also, on a month-to-date basis, its shares bagged around 5%, which reflects an uptrend in the stock.

In the year-over period, its shares registered a high of GBX 1,336.40 (as on January 16, 2020) and a 52w low of GBX 610.0 (as on March 2019), respectively and at the current trading level of GBX 1,325.0 (as on January 21, 2020), its shares traded approximately 0.8% below its 52w peak level and approximately 117% above its 52w low price level, reflecting current market price oscillating near its 52w high price level.

Also, at the current trading level, the stock traded well above its short-term as well as long-term support levels of 5-day, 10-day, 20-day, 50-day, 100-day and 200-day simple moving average prices (SMAs), which is typically perceived to be a favourable technical indicator for the stock.

Boohoo Group PLC (LON: BOO): The £3.75bn market-cap, Boohoo Group Plc is UK-based online fashion retailer. The group has a geographical existence in the United Kingdom, Europe, the United States and Australia. Its key brand portfolio includes boohoo, PrettyLittleThings, boohooMAN,  Nasty Gal, Karen Millen, MissPap and Coast brands.

Shares of BOO have recorded skyrocketing performance over the past one year, as on a YoY basis, its shares leapt up more than 76%, surged approximately 19% in the past three months, bagged around 13% in a month over time and traded approximately 2% higher in the past five trading sessions, respectively.

Over the year-long period, its shares have touched the highest of GBX 339.51 (as on January 15, 2020) and a 52w low of GBX 168.90 (as on February 27, 2019), respectively. At the current market price of GBX 315.1 (as of January 21, 2020), its shares traded around 7% below its 52w high price level and approximately 87% above its 52w low price level, respectively.

Breedon Group PLC (LON: BREE): London Stock Exchange-traded Breedon Group PLC is an independent construction material group company, based out of the UK. The outstanding market capitalisation of the group stood at £1.51bn, and it is a constituent of the FTSE AIM 100 index. Its operational segment is divided into three broader categories: Breedon Northern, Breedon Southern and Hope Cement.

The stock of BREE has been trending higher on the LSE in January 2020; it bagged approximately 8% in just a month over the period. Also, on a YoY basis, its shares delivered a price return of approximately 35%, surged around 25% in the past three months and traded 3% higher in the past five trading sessions as well - a favourable trend in a stock.

In the year-ago period, shares of BREE recorded the highest price level of GBX 90.4 (as on January 16, 2020), and a 52w low of GBX 56 (as on November 06, 2019), respectively. At the current market price of GBX 89.40 (as on January 21, 2020), its shares traded approximately 1.1% below its 52w peak traded level and about 60% higher from its 52w low price level. This reflects that at the CMP of GBX 89.40, the stock is hovering near its 52w high price level, which is typically considered as a positive trend in the stock.

Caretech Holdings PLC (LON: CTH): The United Kingdom-based Caretech Holdings PLC is a £519.4m market-cap company, which is engaged in providing social care services. Its operational segment is divided into Adult Services and Children Services, respectively.

In a year-over period, shares of CTH delivered a price return of approximately 35%, surged around 24% in the past three months and bagged around 11% in a month-over period. However, in the past five trading session, its shares traded approximately 1.7% lower.

Over the year-long period, its shares have registered the highest level of GBX 474.0 (as on January 13, 2020), and 52w low price level of GBX 322.0 (as on April 26, 2019), respectively and at the CMP of GBX 469 (as on January 21, 2020), its shares traded approximately 1.05% lower against its 52w high price level and approximately 46% above its 52w low price level, reflecting that share price is oscillating near its 52w peak traded levels, a positive trend in a stock.

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