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An announcement from Austco Healthcare Limited ( (AU:AHC) ) is now available.
Austco Healthcare Limited has announced a change in the director’s interest, with Director James Brett Francis Burns acquiring an additional 59,264 ordinary shares through an on-market trade at $0.34 per share. This change reflects an increase in his direct holdings to 68,319 shares, while his indirect holdings remain at 1,400,282 shares. The acquisition of shares by a director may indicate confidence in the company’s future prospects, potentially impacting investor perceptions and market positioning.
The most recent analyst rating on (AU:AHC) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Austco Healthcare Limited stock, see the AU:AHC Stock Forecast page.
More about Austco Healthcare Limited
Austco Healthcare Limited operates in the healthcare industry, specializing in the development and provision of advanced communication and clinical workflow solutions for hospitals and aged care facilities. The company focuses on enhancing patient care and operational efficiency through its innovative technology offerings.
Average Trading Volume: 260,540
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$126.1M
For a thorough assessment of AHC stock, go to TipRanks’ Stock Analysis page.