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AI-Media Reclassified to Application Software Sector

Story Highlights
  • AI-Media has been reclassified to ‘Application Software’ in the Information Technology sector.
  • The reclassification is expected to improve stock liquidity and align AI-Media with global peers.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AI-Media Reclassified to Application Software Sector

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The latest announcement is out from Ai-Media Technologies Limited ( (AU:AIM) ).

AI-Media Technologies Limited has been reclassified under the Global Industry Classification Standard to ‘Application Software’ within the Information Technology sector. This change reflects the company’s evolution into a software-led business offering AI-powered text, voice, and data solutions. The reclassification is expected to enhance stock liquidity and trading volumes, aligning AI-Media with global technology peers and supporting its ambition to qualify for future inclusion in the S&P/ASX All Technology Index.

The most recent analyst rating on (AU:AIM) stock is a Hold with a A$0.87 price target. To see the full list of analyst forecasts on Ai-Media Technologies Limited stock, see the AU:AIM Stock Forecast page.

More about Ai-Media Technologies Limited

AI-Media Technologies Limited is a global leader in AI-powered voice translation, captioning, and language orchestration. Their LEXI Suite and global encoder network provide real-time multilingual intelligence, enhancing communication and modernizing workflows across various sectors.

Average Trading Volume: 386,760

Technical Sentiment Signal: Buy

Current Market Cap: A$177.5M

For a thorough assessment of AIM stock, go to TipRanks’ Stock Analysis page.

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