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Nine Entertainment Co. Holdings Limited ( (AU:NEC) ) has issued an announcement.
Nine Entertainment Co. Holdings Limited announced a change in the director’s interest, with Peter Tonagh acquiring 123,456 ordinary shares valued at $199,935 through an on-market purchase. This acquisition reflects a significant investment by the director, potentially indicating confidence in the company’s future performance and stability, which may positively influence stakeholder perception and market positioning.
The most recent analyst rating on (AU:NEC) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.
More about Nine Entertainment Co. Holdings Limited
Nine Entertainment Co. Holdings Limited is a prominent player in the media and entertainment industry, primarily offering television broadcasting, digital media, and content production services. The company focuses on delivering diverse entertainment content across various platforms to a wide audience.
Average Trading Volume: 7,414,475
Technical Sentiment Signal: Buy
Current Market Cap: A$2.56B
For a thorough assessment of NEC stock, go to TipRanks’ Stock Analysis page.