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An announcement from ALS ( (AU:ALQ) ) is now available.
ALS Limited has announced the issuance and conversion of unquoted equity securities, specifically ordinary fully paid shares, totaling 552,093 shares. This move reflects the company’s ongoing efforts to manage its capital structure and may impact its market positioning by potentially increasing liquidity and shareholder value.
The most recent analyst rating on (AU:ALQ) stock is a Buy with a A$24.60 price target. To see the full list of analyst forecasts on ALS stock, see the AU:ALQ Stock Forecast page.
More about ALS
ALS Limited is a company operating in the industry of providing testing, inspection, certification, and verification services. Its primary services include analytical testing and laboratory services, focusing on various sectors such as environmental, food, pharmaceutical, and industrial markets.
YTD Price Performance: 46.23%
Average Trading Volume: 1,173,732
Technical Sentiment Signal: Buy
Current Market Cap: A$11.06B
Learn more about ALQ stock on TipRanks’ Stock Analysis page.