tiprankstipranks
Trending News
More News >

Essensys PLC Announces Change in Major Shareholder Holdings

Story Highlights
Essensys PLC Announces Change in Major Shareholder Holdings

Confident Investing Starts Here:

An update from essensys PLC ( (GB:ESYS) ) is now available.

Essensys PLC, a UK-based company, has reported a change in its major holdings. Canaccord Genuity Group Inc., based in Vancouver, Canada, has adjusted its voting rights in Essensys PLC, reducing its stake from 11.7817% to 10.7529%. This adjustment in holdings could impact the company’s governance and decision-making processes.

Spark’s Take on GB:ESYS Stock

According to Spark, TipRanks’ AI Analyst, GB:ESYS is a Neutral.

Essensys PLC’s stock score reflects significant financial challenges, including declining revenues and negative cash flows. However, recent positive corporate events, such as a return to profitability and strategic initiatives, provide a potential for improvement. Technical indicators suggest mixed momentum, while valuation remains weak due to negative profitability metrics.

To see Spark’s full report on GB:ESYS stock, click here.

More about essensys PLC

Average Trading Volume: 26,510

Technical Sentiment Signal: Hold

Current Market Cap: £21.04M

See more data about ESYS stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App