Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Drumz ( (GB:ACRM) ) has issued an announcement.
Acuity RM Group has secured a multi-year renewal and significant upgrade of its contract with a North American bank that has expanded its use of the company’s STREAM® GRC cyber-security platform since first implementing it in 2023. The customer has signed a new three-year agreement with a 280% increase in fees versus the original contract and a total value exceeding £160,000, lifting Acuity’s contracted future revenues to more than £2 million and underscoring growing demand for its risk management solutions in the financial sector.
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.
The score is primarily weighed down by weak financial performance—ongoing losses and negative operating/free cash flow—despite strong gross margins and low leverage. Technicals are moderately supportive in the short-to-medium term (price above 20/50/100-day averages and positive MACD) but are tempered by an overbought RSI and a still-weaker long-term trend (below the 200-day average). Valuation remains a concern because the negative P/E reflects unprofitable operations.
To see Spark’s full report on GB:ACRM stock, click here.
More about Drumz
Acuity RM Group plc is a UK-listed cyber-security software provider specialising in governance, risk and compliance (GRC) solutions. Its award-winning STREAM® platform, supported by associated consultancy services, is used by clients across sectors including government, defence, broadcasting, utilities, manufacturing and healthcare, with a strategic focus on long-term, sustainable growth through organic expansion and complementary acquisitions.
Average Trading Volume: 1,185,089
Technical Sentiment Signal: Sell
Current Market Cap: £2.4M
For an in-depth examination of ACRM stock, go to TipRanks’ Overview page.