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Afternoon Alert: Sierra Wireless hits 52-week high sixth time in one month 01 March 2017 13:57 EST

Mar 1, 2017 - News Bites Canadian Markets


Sierra Wireless Inc. (TSX:SW), Canada's 3rd largest Communication equipment company by market cap, hit a 52-week high of CAD39.80 during the day. In the last three months the stock has hit a new 52-week high six times, pointing to an uptrend. The stock price has lifted CAD1.23 (3.3%) from its last trading session of February 28 to close at CAD38.75. Compared with the S&P/TSX 60 Index which rose 11.1 points (1.2%) in the day, the relative price increase was 2.1%.

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