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Hydrogenone Capital Growth Plc ( (GB:HGEN) ) just unveiled an announcement.
HydrogenOne Capital Growth Plc has announced a strategic shift towards a managed realisation of its remaining investments, appointing Redwheel as the new investment adviser and GFM as the alternative investment fund manager. This decision comes as the company navigates financial challenges and aims to reduce management fees, improve cash flow, and leverage Redwheel’s expertise in energy transition investments. The move is intended to benefit shareholders by optimizing the company’s portfolio amidst the evolving hydrogen sector landscape.
The most recent analyst rating on (GB:HGEN) stock is a Hold with a £0.65 price target. To see the full list of analyst forecasts on Hydrogenone Capital Growth Plc stock, see the GB:HGEN Stock Forecast page.
More about Hydrogenone Capital Growth Plc
HydrogenOne Capital Growth Plc operates in the energy sector, focusing on investments in hydrogen technologies and assets. The company aims to support the energy transition through its portfolio of specialized hydrogen investments.
Average Trading Volume: 326,387
Technical Sentiment Signal: Hold
For detailed information about HGEN stock, go to TipRanks’ Stock Analysis page.