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Fusion Antibodies Plc ( (GB:FAB) ) has shared an announcement.
Fusion Antibodies Plc has issued a notification regarding a change in the name of a major shareholder, Maven Renovar VCT PLC, previously known as Amati AIM VCT plc. This change follows the transition of investment management from Amati Global Investors to Maven Capital Partners UK LLP. The notification clarifies that there has been no change in the shareholder’s position, and the update is purely informational.
Spark’s Take on GB:FAB Stock
According to Spark, TipRanks’ AI Analyst, GB:FAB is a Neutral.
Fusion Antibodies Plc faces substantial financial hurdles with declining revenues and significant losses. Technical analysis indicates bearish momentum, and valuation metrics highlight unprofitability. Despite these challenges, recent corporate events, including successful fundraising and strategic collaborations, offer some optimism for future growth. However, the immediate financial health remains a primary concern, resulting in a low overall stock score.
To see Spark’s full report on GB:FAB stock, click here.
More about Fusion Antibodies Plc
Fusion Antibodies Plc is a UK-based company operating in the biotechnology industry, focusing on the development and production of antibodies for therapeutic use. The company is known for its expertise in antibody engineering and its market focus on providing solutions for drug discovery and development.
YTD Price Performance: -7.09%
Average Trading Volume: 835,352
Technical Sentiment Signal: Hold
Current Market Cap: £7.42M
For detailed information about FAB stock, go to TipRanks’ Stock Analysis page.