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Close the Loop Ltd. ( (AU:CLG) ) has provided an update.
Close the Loop Ltd. announced a strategic overhaul, appointing new CEOs for its North American and Australian units to streamline operations and focus on three core business units: ITAD, Recycling, and Packaging. This restructuring is expected to improve operational efficiency and profitability, with leadership changes aimed at driving growth and innovation in key regions.
The most recent analyst rating on (AU:CLG) stock is a Hold with a A$0.27 price target. To see the full list of analyst forecasts on Close the Loop Ltd. stock, see the AU:CLG Stock Forecast page.
More about Close the Loop Ltd.
Close the Loop Ltd. is a leader in the circular economy industry, focusing on IT Asset Disposal (ITAD), Recycling, and Packaging. The company aims to enhance its market position by simplifying operations and concentrating on these three core business units.
Average Trading Volume: 2,893,314
Technical Sentiment Signal: Sell
Current Market Cap: A$24.47M
For an in-depth examination of CLG stock, go to TipRanks’ Overview page.