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The latest announcement is out from MIPS AB ( (SE:MIPS) ).
Mips AB has completed the acquisition of Monaco-based Koroyd SARL and SCP George TFE, a pioneer in advanced impact protection technology for head and body safety that complements Mips’ existing helmet safety systems. The deal advances Mips’ strategy to broaden its technology portfolio in impact protection, potentially strengthening its product offering to helmet manufacturers and reinforcing its position as a leading provider of safety solutions in the global head and body protection market.
The most recent analyst rating on (SE:MIPS) stock is a Buy with a SEK374.00 price target. To see the full list of analyst forecasts on MIPS AB stock, see the SE:MIPS Stock Forecast page.
More about MIPS AB
Mips AB is a Sweden-based specialist in helmet-based safety, operating as an ingredient brand supplier to the global helmet industry. Its Mips safety system, rooted in more than 25 years of research conducted with Stockholm’s Royal Institute of Technology and the Karolinska Institute, is integrated into helmets to enhance head protection. The company, headquartered in Stockholm with its own testing facility and a staff focused on R&D, sales, marketing and administration, is listed on Nasdaq Stockholm.
Average Trading Volume: 52,272
Technical Sentiment Signal: Hold
Current Market Cap: SEK9.64B
For a thorough assessment of MIPS stock, go to TipRanks’ Stock Analysis page.