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Drumz ( (GB:ACRM) ) has issued an announcement.
Acuity RM Group plc has announced the sale of its entire shareholding in KCR Residential REIT plc, generating £164,410 gross. The company plans to reinvest the proceeds into its core business of cyber security risk management software, STREAM®, to enhance its product offerings and strengthen its market position. This move aligns with Acuity’s strategic focus on becoming a leading platform in the cyber risk management sector, leveraging increased market awareness due to recent high-profile cyber attacks.
The most recent analyst rating on (GB:ACRM) stock is a Hold with a £1.00 price target. To see the full list of analyst forecasts on Drumz stock, see the GB:ACRM Stock Forecast page.
Spark’s Take on GB:ACRM Stock
According to Spark, TipRanks’ AI Analyst, GB:ACRM is a Neutral.
Drumz’s overall stock score is primarily impacted by its weak financial performance and negative valuation metrics. The technical analysis further indicates bearish momentum, reinforcing the need for strategic improvements to enhance financial stability.
To see Spark’s full report on GB:ACRM stock, click here.
More about Drumz
Acuity RM Group plc is a provider of risk management services, known for its STREAM® software platform that enhances business decision-making and management. The company serves various sectors such as government, defense, broadcasting, utilities, manufacturing, and healthcare, aiming for sustainable growth through organic expansion and strategic acquisitions.
Average Trading Volume: 758,880
Technical Sentiment Signal: Strong Sell
Current Market Cap: £2.28M
For detailed information about ACRM stock, go to TipRanks’ Stock Analysis page.