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OFX Group Director Increases Shareholding, Signaling Confidence

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OFX Group Director Increases Shareholding, Signaling Confidence

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The latest announcement is out from OFX Group Ltd. ( (AU:OFX) ).

OFX Group Ltd. has announced a change in the interest of its director, Patricia Cross, who has increased her indirect holdings in the company by acquiring 12,923 ordinary fully paid shares through an on-market trade. This change reflects a growing confidence in the company’s performance and prospects, potentially signaling positive implications for stakeholders and enhancing OFX’s market position.

The most recent analyst rating on (AU:OFX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on OFX Group Ltd. stock, see the AU:OFX Stock Forecast page.

More about OFX Group Ltd.

OFX Group Ltd. operates in the financial services industry, primarily offering international money transfer services. The company focuses on providing secure and efficient currency exchange solutions for individuals and businesses, positioning itself as a reliable player in the global financial market.

Average Trading Volume: 756,541

Technical Sentiment Signal: Sell

Current Market Cap: A$143.7M

See more insights into OFX stock on TipRanks’ Stock Analysis page.

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