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EPX ( (AU:EPX) ) has shared an announcement.
EPX Limited has submitted a proposal to acquire WattWatchers Pty Ltd, a company specializing in real-time energy data and monitoring solutions. The acquisition, which involves a combination of cash and shares, is contingent upon approval by WattWatchers’ creditors. This strategic move could enhance EPX’s market position by integrating WattWatchers’ technology and assets, potentially benefiting stakeholders by expanding EPX’s capabilities in energy monitoring and data services.
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 is a global leader in building performance optimization, offering a data-as-a-service platform that enhances energy efficiency and reduces costs in commercial real estate. Their proprietary EDGE cloud technology platform collects and analyzes vast amounts of data to identify inefficiencies and opportunities for energy and emissions reduction.
Average Trading Volume: 67,106
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$15.01M
For a thorough assessment of EPX stock, go to TipRanks’ Stock Analysis page.