Southern Cross Electrical Engineering Limited ( (AU:SXE) ) has provided an announcement.
Southern Cross Electrical Engineering Limited announced a change in the director’s interest, with Simon John Buchhorn acquiring additional ordinary shares through participation in the company’s Dividend Reinvestment Plan. This change reflects the director’s increased stake in the company, potentially signaling confidence in the company’s future performance and stability, which may positively impact investor sentiment.
More about Southern Cross Electrical Engineering Limited
Southern Cross Electrical Engineering Limited operates in the electrical engineering industry, providing specialized electrical services and solutions. The company’s primary focus is on delivering electrical engineering projects and services across various sectors, including resources, infrastructure, and commercial markets.
YTD Price Performance: -4.49%
Technical Sentiment Signal: Sell
Current Market Cap: €228.6M
Learn more about SXE stock on TipRanks’ Stock Analysis page.