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An update from Southern Cross Electrical Engineering Limited ( (AU:SXE) ) is now available.
Southern Cross Electrical Engineering Limited announced a change in the director’s interest, with Director Michael McNulty acquiring 15,000 ordinary shares at $2.00 per share through an on-market purchase. This acquisition increases McNulty’s total holdings to 36,282 ordinary shares, potentially signaling confidence in the company’s future performance and stability, which could positively impact stakeholder perceptions.
The most recent analyst rating on (AU:SXE) stock is a Buy with a A$2.40 price target. To see the full list of analyst forecasts on Southern Cross Electrical Engineering Limited stock, see the AU:SXE Stock Forecast page.
More about Southern Cross Electrical Engineering Limited
Southern Cross Electrical Engineering Limited operates in the electrical engineering industry, providing electrical, instrumentation, communication, and maintenance services. The company focuses on delivering comprehensive solutions to clients across various sectors, including resources, infrastructure, and commercial industries.
Average Trading Volume: 679,497
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$508.6M
See more insights into SXE stock on TipRanks’ Stock Analysis page.