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Infomedia Ltd ( (AU:IFM) ) has provided an update.
Infomedia Ltd announced the issuance of 77,902 performance rights as part of its unquoted equity securities. This move is indicative of the company’s ongoing efforts to incentivize its workforce and align employee interests with corporate goals, potentially enhancing its competitive positioning in the technology and automotive sectors.
The most recent analyst rating on (AU:IFM) stock is a Hold with a A$1.85 price target. To see the full list of analyst forecasts on Infomedia Ltd stock, see the AU:IFM Stock Forecast page.
More about Infomedia Ltd
Infomedia Ltd operates in the technology sector, providing software solutions primarily focused on the automotive industry. The company specializes in developing and distributing electronic parts catalogues and service quoting systems for automotive manufacturers and their dealer networks.
Average Trading Volume: 2,328,927
Technical Sentiment Signal: Buy
Current Market Cap: A$637.6M
For an in-depth examination of IFM stock, go to TipRanks’ Overview page.