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Acusensus Ltd ( (AU:ACE) ) just unveiled an update.
Acusensus Ltd has announced the issuance of 197,302 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code ACE. This move is part of the company’s strategy to enhance its market presence and operational capabilities, potentially impacting its industry positioning by increasing its capital base and shareholder value.
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 Ltd operates in the technology industry, focusing on developing and providing innovative solutions for traffic enforcement and road safety. The company specializes in advanced imaging and data analytics systems designed to improve public safety and compliance with traffic laws.
Average Trading Volume: 302,665
Technical Sentiment Signal: Buy
Current Market Cap: A$252.8M
See more data about ACE stock on TipRanks’ Stock Analysis page.