Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Nanosonics Limited ( (AU:NAN) ) has provided an update.
Nanosonics Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 74,835 ordinary fully paid securities bought back on the previous day, contributing to a cumulative total of 425,624 securities repurchased. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:NAN) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on Nanosonics Limited stock, see the AU:NAN Stock Forecast page.
More about Nanosonics Limited
Nanosonics Limited operates in the healthcare industry, specializing in infection prevention solutions. The company is known for its innovative products, particularly in the area of ultrasound probe disinfection.
Average Trading Volume: 663,660
Technical Sentiment Signal: Buy
Current Market Cap: A$1.31B
For a thorough assessment of NAN stock, go to TipRanks’ Stock Analysis page.