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Gentrack Group Ltd ( (AU:GTK) ) has shared an update.
Gentrack Group Ltd has announced an additional investment of AUD4.5 million in Amber, an Australian technology company focused on renewable energy, as part of a larger AUD45 million funding round. This investment strengthens their strategic partnership, which aims to meet the increasing global demand for smart energy services by integrating Gentrack’s billing and CRM systems with Amber’s automation software, thereby enhancing their market positioning and accelerating the transition to renewable energy.
The most recent analyst rating on (AU:GTK) stock is a Buy with a A$12.80 price target. To see the full list of analyst forecasts on Gentrack Group Ltd stock, see the AU:GTK Stock Forecast page.
More about Gentrack Group Ltd
Gentrack Group Ltd is a company that partners with leading utilities around the world, providing solutions for energy and water companies. It offers an end-to-end product-to-profit solution called g2.0, which utilizes low code/no code and composable technology to help utilities launch new propositions quickly, reduce costs, and enhance customer experience.
Average Trading Volume: 214,807
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.15B
Learn more about GTK stock on TipRanks’ Stock Analysis page.