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Cordel Group Chairman Increases Stake in Company

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Cordel Group Chairman Increases Stake in Company

Confident Investing Starts Here:

The latest update is out from Cordel Group PLC ( (GB:CRDL) ).

Cordel Group PLC announced that its Chairman, Ian Buddery, has purchased 358,150 ordinary shares, increasing his total holdings to 9,831,626 shares, which represents 4.53% of the company’s voting rights. This transaction also raises the Concert Party’s aggregate holding to 35.23% of the company’s issued share capital, potentially impacting the company’s governance and shareholder dynamics.

Spark’s Take on GB:CRDL Stock

According to Spark, TipRanks’ AI Analyst, GB:CRDL is a Neutral.

Cordel Group PLC demonstrates significant potential for future growth through strategic contracts and corporate events. However, current financial performance, particularly in profitability and cash flow, is weak, and valuation metrics are poor, reflecting ongoing challenges. Technical indicators are neutral, suggesting no immediate market-driven catalysts.

To see Spark’s full report on GB:CRDL stock, click here.

More about Cordel Group PLC

Cordel Group PLC operates in the transport sector, providing specialist hardware and software for capturing, analyzing, and reporting on large datasets. The company employs sophisticated artificial intelligence algorithms to enhance its offerings.

Average Trading Volume: 369,089

Technical Sentiment Signal: Buy

Current Market Cap: £14.91M

For a thorough assessment of CRDL stock, go to TipRanks’ Stock Analysis page.

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