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Altitude ( (GB:ALT) ) has issued an announcement.
Altitude Group plc announced that Martin Varley, a Non-Executive Director, has purchased 80,000 ordinary shares of the company at an average price of 22.72 pence per share. This transaction increases Varley’s beneficial holding to 9,635,816 shares, representing approximately 13.22% of the company’s issued share capital, indicating a significant stake and potential confidence in the company’s future prospects.
Spark’s Take on GB:ALT Stock
According to Spark, TipRanks’ AI Analyst, GB:ALT is a Outperform.
Altitude Group’s strong financial base and positive corporate events drive its overall score. While technical analysis shows neutral trends, the company’s moderate valuation and leadership confidence offer a promising outlook.
To see Spark’s full report on GB:ALT stock, click here.
More about Altitude
Altitude Group plc is a leading provider of end-to-end solutions for branded merchandise, focusing on delivering comprehensive services to businesses seeking promotional products. The company operates in the branded merchandise industry and is listed on the AIM market.
Average Trading Volume: 71,755
Technical Sentiment Signal: Sell
Current Market Cap: £16.04M
For a thorough assessment of ALT stock, go to TipRanks’ Stock Analysis page.