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Checkit plc ( (GB:CKT) ) has shared an announcement.
Checkit plc announced that its CEO, Kit Kyte, has purchased 309,116 ordinary shares, increasing his total beneficial interest to 974,913 shares, which represents approximately 0.90% of the company’s total issued share capital. This transaction may signal confidence in the company’s future prospects and could potentially influence stakeholder perceptions positively, given the CEO’s increased investment in the company.
The most recent analyst rating on (GB:CKT) stock is a Hold with a £13.00 price target. To see the full list of analyst forecasts on Checkit plc stock, see the GB:CKT Stock Forecast page.
Spark’s Take on GB:CKT Stock
According to Spark, TipRanks’ AI Analyst, GB:CKT is a Neutral.
Checkit plc’s stock score is primarily impacted by its financial performance challenges, including negative profitability and cash flow issues. Technical analysis indicates bearish momentum, and valuation metrics are unattractive due to a negative P/E ratio and no dividend yield. These factors collectively contribute to a low overall stock score.
To see Spark’s full report on GB:CKT stock, click here.
More about Checkit plc
Checkit plc operates in the technology industry, providing an automated monitoring platform aimed at operational leaders. The company focuses on enhancing operational efficiency through its innovative solutions.
Average Trading Volume: 104,190
Technical Sentiment Signal: Strong Sell
Current Market Cap: £14.31M
Find detailed analytics on CKT stock on TipRanks’ Stock Analysis page.