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CT Automotive Director Increases Shareholding

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CT Automotive Director Increases Shareholding

TipRanks Cyber Monday Sale

CT Automotive Group Plc ( (GB:CTA) ) just unveiled an update.

CT Automotive Group PLC announced that Geraint Davies, the Senior Independent Non-Executive Director, has purchased 25,200 Ordinary Shares at a price of 32.1 pence per share, increasing his total holding to 80,000 shares, which represents 0.11% of the company’s issued share capital. This transaction reflects confidence in the company’s prospects and may influence stakeholder perceptions positively.

The most recent analyst rating on (GB:CTA) stock is a Hold with a £35.00 price target. To see the full list of analyst forecasts on CT Automotive Group Plc stock, see the GB:CTA Stock Forecast page.

Spark’s Take on GB:CTA Stock

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

The overall stock score of 61 reflects a combination of mixed financial performance and bearish technical indicators, offset by an attractive valuation. The company’s improving profitability and stable leverage are positive, but concerns about revenue and cash flow growth need to be addressed. The lack of earnings call data and corporate events limits additional insights.

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

More about CT Automotive Group Plc

CT Automotive Group PLC is a leading designer, developer, and supplier of interior components for the global automotive industry.

Average Trading Volume: 89,775

Technical Sentiment Signal: Sell

Current Market Cap: £24.29M

See more data about CTA stock on TipRanks’ Stock Analysis page.

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