tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

AdvancedAdvT Buys AI MatchingCore IP to Boost Workforce Optimisation Offering

Story Highlights
AdvancedAdvT Buys AI MatchingCore IP to Boost Workforce Optimisation Offering

Claim 50% Off TipRanks Premium

AdvancedAdvT Ltd. ( (GB:ADVT) ) just unveiled an announcement.

AdvancedAdvT Limited has acquired the MatchingCore intellectual property, an AI-driven resource optimisation technology for professional services, to enhance its Retain platform and strengthen its workforce management offering. The integration of MatchingCore’s SaaS capabilities is intended to accelerate the development of advanced AI functionality, broaden the company’s addressable market in professional services, and offer clients more sophisticated workforce scheduling and scenario-planning tools that improve utilisation, boost revenues and reduce costs through data-driven decision-making at scale.

The most recent analyst rating on (GB:ADVT) stock is a Hold with a £181.00 price target. To see the full list of analyst forecasts on AdvancedAdvT Ltd. stock, see the GB:ADVT Stock Forecast page.

Spark’s Take on GB:ADVT Stock

According to Spark, TipRanks’ AI Analyst, GB:ADVT is a Neutral.

The score is primarily supported by a strong, low-risk balance sheet (no debt) and improved recent profitability, but is held back by uneven revenue/cash-flow performance, weak technical momentum, and a high P/E with no dividend yield provided.

To see Spark’s full report on GB:ADVT stock, click here.

More about AdvancedAdvT Ltd.

AdvancedAdvT Limited is an international software solutions provider focused on business solutions, healthcare compliance and human capital management. Through businesses including IBSS financial management software, CHKS healthcare intelligence and accreditation tools, Retain global resource planning and talent management software, and workforce management platforms, the group delivers AI, data analytics and business intelligence solutions to support long-term digitisation trends across professional sectors, and is expanding organically and via acquisitions into adjacent markets and geographies.

Average Trading Volume: 135,598

Technical Sentiment Signal: Buy

Current Market Cap: £236.5M

For an in-depth examination of ADVT stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1