Baker Steel Resources (LON:BSRT) Trading 9.9% Higher – Should You Buy?

Shares of Baker Steel Resources (LON:BSRTGet Free Report) rose 9.9% during mid-day trading on Monday . The company traded as high as GBX 106 and last traded at GBX 105. Approximately 1,426,082 shares traded hands during trading, an increase of 208% from the average daily volume of 462,449 shares. The stock had previously closed at GBX 95.50.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Baker Steel Resources in a research report on Monday, January 19th.

Check Out Our Latest Analysis on Baker Steel Resources

Baker Steel Resources Stock Up 9.9%

The firm has a market cap of £111.79 million and a PE ratio of 4.49. The firm’s fifty day simple moving average is GBX 83.19 and its two-hundred day simple moving average is GBX 74.49.

About Baker Steel Resources

(Get Free Report)

Baker Steel Resources Trust Ltd. is a fund of Baker Steel Capital Managers LLP.

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