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Catapult Group International ( (AU:CAT) ) has shared an update.
Catapult Group International Ltd announced the release of certain securities from voluntary escrow, which were initially provided to vendors of SBG Sports Software Limited as part of an acquisition agreement. This release marks a significant step in finalizing the acquisition process, potentially impacting the company’s financial strategy and market positioning.
The most recent analyst rating on (AU:CAT) stock is a Buy with a A$3.50 price target. To see the full list of analyst forecasts on Catapult Group International stock, see the AU:CAT Stock Forecast page.
More about Catapult Group International
Catapult Group International Ltd operates in the sports technology industry, providing performance analytics and wearable technology solutions primarily aimed at enhancing athletic performance and team management. The company focuses on offering data-driven insights to sports teams and organizations globally.
Average Trading Volume: 1,415,757
Technical Sentiment Signal: Buy
Current Market Cap: A$1.56B
For a thorough assessment of CAT stock, go to TipRanks’ Stock Analysis page.