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IDT Australia Director Increases Stake in Company

Story Highlights
  • IDT Australia Limited is a pharmaceutical company specializing in drug development and manufacturing.
  • Director Geoffrey Sam acquired more shares, indicating confidence in the company’s future.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
IDT Australia Director Increases Stake in Company

Confident Investing Starts Here:

The latest announcement is out from IDT Australia Limited ( (AU:IDT) ).

IDT Australia Limited announced a change in the director’s interest in securities, with Geoffrey Sam acquiring additional ordinary fully paid shares through on-market trades. This acquisition increases his total holdings, potentially signaling confidence in the company’s future performance and stability, which may positively impact stakeholder perception.

More about IDT Australia Limited

IDT Australia Limited operates in the pharmaceutical industry, focusing on the development and manufacturing of high-quality pharmaceutical products. The company is known for its expertise in drug formulation and production, serving both domestic and international markets.

YTD Price Performance: -9.09%

Average Trading Volume: 329,529

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$41.35M

Find detailed analytics on IDT stock on TipRanks’ Stock Analysis page.

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