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The latest announcement is out from EchoIQ Limited ( (AU:EIQ) ).
EchoIQ Limited has announced a change in the director’s interest, specifically involving Mr. Stephen Picton. The change includes the acquisition of 1,250,000 fully paid ordinary shares, valued at $227,757.25, through an on-market purchase. This adjustment increases the total number of shares held by Richmond Bridge Superannuation Pty Ltd to 23,014,854. This development reflects a strategic move by the director to increase his stake in the company, potentially signaling confidence in the company’s future performance and stability.
The most recent analyst rating on (AU:EIQ) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on EchoIQ Limited stock, see the AU:EIQ Stock Forecast page.
More about EchoIQ Limited
EchoIQ Limited operates in the technology sector, focusing on providing advanced data analytics and artificial intelligence solutions. The company is dedicated to enhancing decision-making processes across various industries by leveraging its innovative technologies.
Average Trading Volume: 1,504,083
Technical Sentiment Signal: Sell
Current Market Cap: A$123.1M
For a thorough assessment of EIQ stock, go to TipRanks’ Stock Analysis page.