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Acusensus Ltd ( (AU:ACE) ) has issued an announcement.
Acusensus Limited has requested a trading halt on its securities on the ASX as it prepares to announce a significant capital raising initiative. This move is expected to impact the company’s financial positioning, potentially enhancing its market capabilities and stakeholder value once the capital raising is completed.
The most recent analyst rating on (AU:ACE) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Acusensus Ltd stock, see the AU:ACE Stock Forecast page.
More about Acusensus Ltd
Acusensus Limited operates in the technology industry, focusing on providing innovative solutions for traffic enforcement and road safety. The company is known for its advanced imaging and data analytics products that help improve road safety and compliance.
Average Trading Volume: 307,918
Technical Sentiment Signal: Buy
Current Market Cap: A$231.8M
For detailed information about ACE stock, go to TipRanks’ Stock Analysis page.