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CMPR - Cimpress N.V.: Can Share Price Achieve Higher Highs?
Cimpress plc
Cimpress N.V. (CMPR) currently trades at just over $83 a share. Analysts who follow this stock have an $87 share price earmarked for this stock. The share price went on a multi-year bull run before it topped out in March 2018 at well over $170 a share. Since then, shares have been in a sustained downtrend.
If we look at the chart below, we can see that we have a big down-gap in January that has yet to be filled. The down-gap took place on high selling volume. Therefore, since shares, as mentioned,