Itaconix PLC Announces Major Holdings Notification

Itaconix ( (GB:ITX) ) has shared an announcement.

Itaconix PLC, a UK-based company, has announced a notification of major holdings concerning Maven Capital Partners UK LLP. The notification, dated May 6, 2025, details that there has been no change in the position held by the company, but rather a name change from Amati AIM VCT plc to Maven Renovar VCT PLC following a change of investment manager to Maven Capital Partners. This announcement is primarily informational, indicating stability in the company’s holdings despite the managerial change.

Spark’s Take on GB:ITX Stock

According to Spark, TipRanks’ AI Analyst, GB:ITX is a Neutral.

Itaconix faces significant profitability and cash flow challenges despite revenue growth and a strong equity base. Technical indicators show bearish trends, and valuation metrics are weak. However, strategic initiatives and product innovations offer a positive future outlook, slightly boosting the overall score.

To see Spark’s full report on GB:ITX stock, click here.

More about Itaconix

YTD Price Performance: -35.76%

Average Trading Volume: 10,180

Technical Sentiment Signal: Buy

Current Market Cap: £14.3M

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