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An update from Gentrack Group Ltd ( (AU:GTK) ) is now available.
Gentrack Group Ltd has disclosed a significant movement in its substantial shareholding, with Regal Funds Management Pty Ltd increasing its stake from 5.717% to 7.266% of the ordinary shares. This change, resulting from on-market trading activities, indicates a strategic investment move by Regal Funds Management, potentially impacting Gentrack’s market perception and investor confidence.
The most recent analyst rating on (AU:GTK) stock is a Buy with a A$11.80 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
Average Trading Volume: 249,229
Technical Sentiment Signal: Hold
Current Market Cap: A$968.5M
For detailed information about GTK stock, go to TipRanks’ Stock Analysis page.