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EML Payments ( (AU:EML) ) has provided an update.
EML Payments Limited has announced the quotation of new securities on the Australian Securities Exchange (ASX), with a total of 209,646 ordinary fully paid securities being issued under an employee incentive scheme. This move is likely to enhance the company’s market presence and provide additional capital for its operations, potentially impacting its positioning within the fintech industry and offering benefits to its stakeholders.
The most recent analyst rating on (AU:EML) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on EML Payments stock, see the AU:EML Stock Forecast page.
More about EML Payments
EML Payments Limited operates in the financial technology industry, providing payment solutions and services. The company focuses on offering innovative payment technologies that cater to various market needs, including prepaid, virtual, and mobile payment solutions.
Average Trading Volume: 2,002,350
Technical Sentiment Signal: Buy
Current Market Cap: A$385.7M
Learn more about EML stock on TipRanks’ Stock Analysis page.