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Linamar rises 3.2% on high volatility March 01, 2017 17:00 EST

Mar 01, 2017 - News Bites Canadian Markets


Linamar Corporation (TSX:LNR), Canada's 2nd largest Auto company by market cap, traded between an intraday low of CAD59.0 and a high of CAD61.16. The price range has expanded in the last two days (from CAD1.48 two days ago to CAD2.16 today) which, accompanied by a price rise, is a bullish signal. The average daily volatility of 2.8% places the stock in the 3rd quartile in the market, meaning it is the mildly volatile. Today its volatility (highest price minus lo...