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KRM22 ( (GB:KRM) ) has shared an announcement.
KRM22 has successfully raised approximately £9.2 million through a placing and subscription of shares at a slight discount to market price. The funds will support the company’s focus on risk management in capital markets. A General Meeting is scheduled for shareholder approval, with the new shares expected to commence trading on AIM in early November. Major shareholders, Kestrel Investment Partners and Canaccord Genuity, participated in the fundraising, highlighting confidence in KRM22’s strategic direction.
The most recent analyst rating on (GB:KRM) stock is a Hold with a £40.00 price target. To see the full list of analyst forecasts on KRM22 stock, see the GB:KRM Stock Forecast page.
Spark’s Take on GB:KRM Stock
According to Spark, TipRanks’ AI Analyst, GB:KRM is a Neutral.
The most significant factor affecting KRM22’s stock score is its poor financial performance, characterized by ongoing net losses and high leverage, which poses a risk to financial stability. Technical analysis shows mixed signals, with short-term bearish trends but some long-term support. The negative P/E ratio highlights valuation concerns. Immediate actions to improve profitability and reduce leverage are crucial for enhancing the stock’s attractiveness.
To see Spark’s full report on GB:KRM stock, click here.
More about KRM22
KRM22 is a closed-ended investment company listed on AIM, focused on creating value through investments in technology and software companies, particularly in risk management for capital markets. The company offers the Global Risk Platform to help capital market firms manage risk, optimize systems, and enhance profitability. Headquartered in London, KRM22 operates in major financial centers worldwide.
Average Trading Volume: 10,294
Technical Sentiment Signal: Buy
Current Market Cap: £15.01M
See more insights into KRM stock on TipRanks’ Stock Analysis page.