tiprankstipranks
Trending News
More News >

ALS Limited Announces Proposed Securities Issue to Strengthen Market Position

Story Highlights
ALS Limited Announces Proposed Securities Issue to Strengthen Market Position

Confident Investing Starts Here:

ALS ( (AU:ALQ) ) has shared an announcement.

ALS Limited has announced a proposed issue of 20,958,084 ordinary fully paid securities, with the issue date set for June 2, 2025. This strategic move is aimed at enhancing the company’s capital structure and potentially expanding its market presence, which could have significant implications for its stakeholders and industry positioning.

The most recent analyst rating on (AU:ALQ) stock is a Buy with a A$15.20 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 operates in the testing, inspection, and certification industry, providing analytical and laboratory services across various sectors including environmental, food, pharmaceutical, and minerals. The company focuses on delivering high-quality testing solutions to support client operations and ensure compliance with industry standards.

Average Trading Volume: 1,191,474

Technical Sentiment Signal: Buy

Current Market Cap: A$8.58B

Find detailed analytics on ALQ stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report 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