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Kinovo PLC ( (GB:KINO) ) has provided an update.
Kinovo PLC, a company involved in the compliance and energy services sector, is set to be acquired by Sureserve Compliance Holdings Limited through a court-sanctioned scheme of arrangement. The acquisition, which involves the entire issued share capital of Kinovo, has received court approval and is expected to become effective on July 1, 2025. This move will lead to the suspension of Kinovo’s shares from trading on AIM, with the last trading day being June 30, 2025. The acquisition is part of a strategic move by Sureserve to expand its market reach and service offerings, potentially impacting stakeholders by consolidating operations under Sureserve’s management.
The most recent analyst rating on (GB:KINO) stock is a Buy with a £95.00 price target. To see the full list of analyst forecasts on Kinovo PLC stock, see the GB:KINO Stock Forecast page.
Spark’s Take on GB:KINO Stock
According to Spark, TipRanks’ AI Analyst, GB:KINO is a Neutral.
Kinovo PLC’s overall score is primarily affected by financial challenges, including negative equity and cash flow pressures, which are significant risks. The technical analysis indicates a bearish trend, further weighing on the score. On the positive side, the stock’s low P/E ratio suggests potential undervaluation, providing a counterbalance to financial and technical weaknesses.
To see Spark’s full report on GB:KINO stock, click here.
More about Kinovo PLC
Average Trading Volume: 240,990
Technical Sentiment Signal: Buy
Current Market Cap: £55.12M
Find detailed analytics on KINO stock on TipRanks’ Stock Analysis page.