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The latest announcement is out from Wandisco ( (GB:CRTA) ).
Cirata plc has secured a $700,000 two-year contract renewal for its Data Integration software with a leading Canadian bank, demonstrating continued trust in its Live Data Migrator technology. This deal, facilitated through Google Marketplace, underscores Cirata’s strong positioning in the data integration sector and its ability to meet the complex needs of major financial institutions.
The most recent analyst rating on (GB:CRTA) stock is a Buy with a £93.00 price target. To see the full list of analyst forecasts on Wandisco stock, see the GB:CRTA Stock Forecast page.
Spark’s Take on GB:CRTA Stock
According to Spark, TipRanks’ AI Analyst, GB:CRTA is a Neutral.
The overall stock score reflects significant financial challenges, with declining revenues and negative cash flows weighing heavily. However, positive corporate events and strategic partnerships offer a glimmer of hope for future improvement. The technical outlook is mixed, and the valuation is weak due to current unprofitability.
To see Spark’s full report on GB:CRTA stock, click here.
More about Wandisco
Cirata plc operates in the data integration industry, providing software solutions such as Live Data Migrator (LDM) for data migration, synchronization, and disaster recovery. The company focuses on leveraging its technology to serve various market needs, including partnerships with major financial institutions.
Average Trading Volume: 302,438
Technical Sentiment Signal: Sell
Current Market Cap: £34.11M
For a thorough assessment of CRTA stock, go to TipRanks’ Stock Analysis page.