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An announcement from Cordel Group PLC ( (GB:CRDL) ) is now available.
Cordel Group PLC announced that Jonathan Macleod, a non-executive director, purchased 290,000 ordinary shares at a price of 5.75 pence each, increasing his total holding to 2,176,118 shares, representing 1.00% of the company’s voting rights. This transaction, conducted through Macleod Hobson Investments Pty Ltd, reflects confidence in the company’s strategic direction and potential growth, potentially influencing stakeholder perceptions and market positioning.
The most recent analyst rating on (GB:CRDL) stock is a Hold with a £7.00 price target. To see the full list of analyst forecasts on Cordel Group PLC stock, see the GB:CRDL Stock Forecast page.
Spark’s Take on GB:CRDL Stock
According to Spark, TipRanks’ AI Analyst, GB:CRDL is a Neutral.
Cordel Group PLC’s score reflects solid corporate activities and potential for growth, tempered by ongoing financial challenges and weak valuation metrics. Positive corporate events, such as securing significant contracts and strategic product launches, are key strengths, while persistent operational inefficiencies and negative cash flows limit the score.
To see Spark’s full report on GB:CRDL stock, click here.
More about Cordel Group PLC
Cordel Group PLC operates within the transport sector, specializing in the development of hardware and software for capturing, analyzing, and reporting on large datasets. The company utilizes advanced artificial intelligence algorithms to enhance its analytics capabilities.
Average Trading Volume: 208,371
Technical Sentiment Signal: Sell
Current Market Cap: £12.2M
For a thorough assessment of CRDL stock, go to TipRanks’ Stock Analysis page.