TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
GT Talent Group Class B ( (IT:GT) ) has shared an announcement.
GT Talent Group has announced that its subsidiaries, Carschoolbox and Scuderia Gentile, have incurred significant financial losses, reducing their capital below the legal limit. The company is exploring measures to address these losses, including potential liquidation if recapitalization is not possible. Despite previous efforts to stabilize its financial situation, GT Talent Group has not secured the necessary resources to meet its financial needs, leading to a postponement of the financial statements approval.
The most recent analyst rating on (IT:GT) stock is a Hold with a EUR4.00 price target. To see the full list of analyst forecasts on GT Talent Group Class B stock, see the IT:GT Stock Forecast page.
More about GT Talent Group Class B
GT Talent Group is an innovative SME in the sports entertainment industry, operating through its subsidiaries Carschoolbox and Scuderia Gentile. Carschoolbox provides track driving experiences with supercars for both B2C and B2B clients, while Scuderia Gentile produces the ‘GT Talent’ motorsport talent show and participates in the Mitjet championship with the GT Talent Racing team.
Average Trading Volume: 12,403
Technical Sentiment Signal: Strong Sell
Find detailed analytics on GT stock on TipRanks’ Stock Analysis page.