Patriot Transportation Holding, Inc. (PATI) Trades at $18.35 Forming Bullish Inverse Head & Shoulders

May 16, 2018 - By Palma Niemeyer

Patriot Transportation Holding, Inc. (NASDAQ:PATI) Corporate Logo

Head and Shoulders Inverse was formed by Patriot Transportation Holding, Inc. (PATI). It has $20.00 [Target] or $18.35 price per share. The $60.63M company has low risk because of the 5 months technical setup. Faxor.com featured this technical setup on May, 16. If our $20.00 price target is reached PATI’s valuation can change by $5.46M.

Ticker’s shares touched $18.35 during the last trading session after 3.42% change.Patriot Transportation Holding, Inc. is downtrending after having declined 12.53% since May 16, 2017. PATI has 1,419 volume or 25.46% up from normal. PATI underperformed by 24.08% the S&P500.

Another two news for Patriot Transportation Holding, Inc. (NASDAQ:PATI) were recently brought out by: Globenewswire.com on April 23, 2018 with title “Patriot Transportation Holding, Inc. Announces Release Date for Its 2018 Second Quarter Earnings and Details for the …”. The other Nasdaq.com‘s article was titled “Patriot Transportation Holding, Inc. Announces Results For The Second Quarter of Fiscal Year 2018” and brought out on April 25, 2018.

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