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Catapult Group International ( (AU:CAT) ) has shared an announcement.
Catapult Sports Ltd announced the release of securities from voluntary escrow, which were initially provided to vendors of Catalyft Labs, Inc., known as ‘Perch’, following Catapult’s acquisition of the company. This release marks a significant step in the integration process of Perch into Catapult’s operations, potentially impacting the company’s market positioning by enhancing its product offerings and strengthening its competitive stance in the sports technology sector.
The most recent analyst rating on (AU:CAT) stock is a Buy with a A$6.25 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 Sports Ltd operates in the sports technology industry, providing performance analytics and wearable technology solutions to enhance athletic performance. The company focuses on delivering innovative tools for sports teams and athletes to optimize their training and competitive edge.
Average Trading Volume: 2,208,664
Technical Sentiment Signal: Hold
Current Market Cap: A$1.51B
For a thorough assessment of CAT stock, go to TipRanks’ Stock Analysis page.