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Circle Group Enhances Road Traffic Monitoring with New Service

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Circle Group Enhances Road Traffic Monitoring with New Service

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Circle SpA ( (IT:CIRC) ) has provided an announcement.

Circle Group’s subsidiary, eXyond, has launched the ‘FCD Metadata Service – Regional Road Traffic Monitoring’ for a leading highway company, providing continuous road traffic monitoring and mobility planning support for 24 months. This service, part of the ‘Connect 4 Agile Growth’ initiative, utilizes anonymized GPS data to offer real-time traffic analysis, supporting public entities in infrastructure planning and sustainable mobility policies, thereby enhancing Circle Group’s positioning in advanced infomobility services.

The most recent analyst rating on (IT:CIRC) stock is a Buy with a EUR10.50 price target. To see the full list of analyst forecasts on Circle SpA stock, see the IT:CIRC Stock Forecast page.

More about Circle SpA

Founded in Genoa in 2012, Circle S.p.A. is an innovative SME leading Circle Group, which is listed on Euronext Growth Milan since 2018. The company specializes in the analysis and development of solutions for innovation and digitalization in the port and intermodal logistics sectors, as well as in international consulting on Green Deal and energy transition issues. Circle Group includes various software houses and consulting companies, offering advanced AI, simulation, and Digital Twin technologies to support decision-making processes and system digitalization.

Average Trading Volume: 6,243

Technical Sentiment Signal: Strong Buy

Current Market Cap: €38.87M

Learn more about CIRC stock on TipRanks’ Stock Analysis page.

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