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EPX ( (AU:EPX) ) has issued an announcement.
EPX Limited has acquired Wattwatchers Pty Limited, a move aimed at strengthening its position in the energy management sector. The acquisition, combined with a $2.14 million placement and a Share Purchase Plan initiative, will fund the transaction, foster technology investments, and support future merger and acquisition opportunities, signaling growth prospects for the company and its stakeholders.
The most recent analyst rating on (AU:EPX) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on EPX stock, see the AU:EPX Stock Forecast page.
More about EPX
EPX Limited operates in the technology sector with a focus on energy efficiency and management solutions. Its primary market focus includes innovations for sustainable energy use, aiming to enhance operational capabilities and environmental sustainability in the industry.
Average Trading Volume: 223,406
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$15.76M
Learn more about EPX stock on TipRanks’ Stock Analysis page.