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Airtasker Ltd ( (AU:ART) ) just unveiled an announcement.
Airtasker Limited has announced an equity capital raise through an institutional placement, marking a strategic move to strengthen its financial position. This initiative is expected to enhance Airtasker’s operational capabilities and potentially improve its market positioning, benefiting stakeholders by supporting the company’s growth and expansion plans.
The most recent analyst rating on (AU:ART) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Airtasker Ltd stock, see the AU:ART Stock Forecast page.
More about Airtasker Ltd
Airtasker Limited (ASX:ART) is Australia’s leading online marketplace for local services, connecting people and businesses who need work done with those who want to work. It aims to empower individuals by providing flexible work opportunities and has significantly impacted the future of work. Since its launch in 2012, Airtasker has facilitated over 5 million tasks globally and contributed more than $720 million to Australian Taskers’ earnings.
Average Trading Volume: 225,132
Technical Sentiment Signal: Sell
Current Market Cap: A$152.4M
Find detailed analytics on ART stock on TipRanks’ Stock Analysis page.