NameSilo Technologies Expands with ShortURL Acquisition and New Director Appointment

NameSilo Technologies Corp ( (TSE:URL) ) has provided an update.

NameSilo Technologies Corp. announced the acquisition of ShortURL.at by its subsidiary, NameSilo LLC, enhancing its internet infrastructure assets and expanding its product ecosystem. This strategic move aligns with its long-term roadmap, offering new monetization pathways and supporting recurring revenue channels. Additionally, the company appointed Dan Milic as a new director, leveraging his extensive experience in corporate finance and investment. Furthermore, NameSilo granted stock options and restricted share units to its officers, directors, and key consultants to incentivize and align interests with company growth.

The most recent analyst rating on (TSE:URL) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on NameSilo Technologies Corp stock, see the TSE:URL Stock Forecast page.

Spark’s Take on TSE:URL Stock

According to Spark, TipRanks’ AI Analyst, TSE:URL is a Neutral.

The overall stock score is driven by strong technical momentum and improving financial performance, despite valuation concerns due to negative earnings and lack of dividends. The stock’s upward trend is a positive indicator, but financial stability and profitability remain challenges.

To see Spark’s full report on TSE:URL stock, click here.

More about NameSilo Technologies Corp

NameSilo Technologies Corp. is a company that invests in undervalued opportunities with potential for significant appreciation, focusing on a variety of industries except the resource sectors. Its subsidiary, NameSilo LLC, is a low-cost provider of domain name registration and management services, recognized as one of the fastest-growing domain registrars globally with over 5.8 million active domains.

Average Trading Volume: 77,759

Technical Sentiment Signal: Buy

Current Market Cap: C$125.7M

See more data about URL stock on TipRanks’ Stock Analysis page.