tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

essensys plc Announces New Share Issuance Following Employee Option Exercise

Story Highlights
essensys plc Announces New Share Issuance Following Employee Option Exercise

Claim 70% Off TipRanks This Holiday Season

essensys PLC ( (GB:ESYS) ) just unveiled an update.

essensys plc has announced the exercise of employee share options, resulting in the issuance of 44,158 new ordinary shares, which will be admitted to trading on the AIM market of the London Stock Exchange. This move increases the company’s total issued share capital to 64,795,988 ordinary shares, all of which have voting rights. This development reflects essensys’ ongoing operational adjustments and could impact shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:ESYS) stock is a Buy with a £41.00 price target. To see the full list of analyst forecasts on essensys PLC stock, see the GB:ESYS Stock Forecast page.

Spark’s Take on GB:ESYS Stock

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

Essensys PLC’s overall stock score is primarily driven by its challenging financial performance, indicated by declining revenues and liquidity issues. Technical analysis further reflects a bearish outlook with negative momentum. The valuation raises concerns due to a negative P/E ratio, underscoring financial instability. Recent positive corporate events provide some optimism but are not enough to offset the prevailing financial and technical challenges.

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

More about essensys PLC

essensys plc is a leading provider of software and technology solutions for landlords and flexible workspace operators. Founded in 2006 and listed on the AIM market since 2019, the company focuses on delivering enterprise-grade Wi-Fi and data insights through its SaaS platform, essensys Platform, and offers a new way to manage and monetize bookable spaces with its product elumo. The company operates in the UK, Europe, North America, and APAC, targeting long-term growth in the flexible workspace and commercial real estate market.

Average Trading Volume: 62,123

Technical Sentiment Signal: Sell

Current Market Cap: £10.04M

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

Disclaimer & DisclosureReport 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
1