De La Rue ( (GB:DLAR) ) has issued an update.
De La Rue PLC has announced a change in its voting rights structure due to the acquisition and disposal of voting rights and financial instruments by Spreadex LTD, a UK-based spread betting and CFD trading provider. This adjustment, which resulted in Spreadex holding no voting rights in De La Rue, may impact the company’s shareholder dynamics and influence its strategic decisions.
Spark’s Take on GB:DLAR Stock
According to Spark, TipRanks’ AI Analyst, GB:DLAR is a Neutral.
De La Rue’s overall stock score is impacted by its challenging financial performance, marked by declining revenues and net losses. However, technical indicators show moderate bullish momentum, and recent corporate developments suggest a potential strategic turnaround. Despite these positive signals, the stock’s negative valuation metrics weigh down the overall score.
To see Spark’s full report on GB:DLAR stock, click here.
More about De La Rue
De La Rue PLC is a UK-based company that operates in the security printing and papermaking industry. It is known for producing banknotes, passports, and other secure documents, serving governments and financial institutions worldwide.
YTD Price Performance: 24.15%
Average Trading Volume: 1,322,331
Technical Sentiment Signal: Sell
Current Market Cap: £220M
Learn more about DLAR stock on TipRanks’ Stock Analysis page.