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Cettire Ltd. ( (AU:CTT) ) just unveiled an update.
Citigroup Global Markets Australia Pty Limited has increased its voting power in Cettire Ltd. from 5.7491% to 7.5865%, marking a significant change in its stake in the company. This increase in interest, facilitated through various securities lending agreements, suggests a strategic positioning by Citigroup, potentially impacting Cettire’s market dynamics and signaling confidence in the company’s future prospects.
The most recent analyst rating on (AU:CTT) stock is a Sell with a A$1.30 price target. To see the full list of analyst forecasts on Cettire Ltd. stock, see the AU:CTT Stock Forecast page.
More about Cettire Ltd.
Cettire Ltd. operates in the online luxury fashion retail industry, providing a platform for consumers to purchase high-end fashion products. The company focuses on offering a wide range of luxury brands to a global market, leveraging its digital platform to reach a broad audience.
Average Trading Volume: 7,138,839
Technical Sentiment Signal: Sell
Current Market Cap: A$108.7M
For an in-depth examination of CTT stock, go to TipRanks’ Overview page.