I can not see any news that has driven the increases in this share yesterday and today. Frenkel Topping (LON:FEN). Grateful if anyone could update me if they know of anything.
I can only assume that it is due to improving stock market performance on Brexit optimism. IMHO, the rating seems pretty high considering last year's eps was only 1.1, I don't quite know how forecasts of 2.6p are expected to be achieved.
From a charting perspective, I would suggest that they need to decisively break above 39.5 for me to be optimistic about continued momentum.