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Metcash Director Increases Shareholding

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Metcash Director Increases Shareholding

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The latest announcement is out from Metcash Limited ( (AU:MTS) ).

Metcash Limited announced a change in the director’s interest, with Director Mark Graham Johnson acquiring an additional 5,000 fully paid ordinary shares through an on-market trade, bringing his total holdings to 90,000 shares. This acquisition, valued at $16,835, reflects a continued investment in the company by its leadership, potentially signaling confidence in Metcash’s market position and future prospects.

The most recent analyst rating on (AU:MTS) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on Metcash Limited stock, see the AU:MTS Stock Forecast page.

More about Metcash Limited

Metcash Limited operates in the wholesale distribution and marketing industry, providing a range of products and services primarily to independent retailers and businesses. The company focuses on supplying groceries, fresh produce, liquor, and hardware products across Australia.

Average Trading Volume: 3,535,533

Technical Sentiment Signal: Sell

Current Market Cap: A$3.66B

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

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