Peel Hunt’s RetailBook Completes £500,000 Fundraising

Peel Hunt Limited ( (GB:PEEL) ) just unveiled an update.

Peel Hunt Limited announced that RetailBook, a technology platform for accessing retail capital in the UK, completed a £500,000 fundraising to support its growth and regulatory capital needs. Although Peel Hunt did not participate, it holds a majority stake in RetailBook, making the participation of two RetailBook directors in the fundraising a related party transaction. Peel Hunt’s directors, after consulting with their adviser, deemed the terms fair and reasonable for shareholders.

Spark’s Take on GB:PEEL Stock

According to Spark, TipRanks’ AI Analyst, GB:PEEL is a Neutral.

Peel Hunt’s overall stock score reflects challenges in profitability and valuation, with the negative P/E ratio and absence of dividends as key concerns. Despite positive corporate events and improving cash flow, technical indicators suggest weak momentum.

To see Spark’s full report on GB:PEEL stock, click here.

More about Peel Hunt Limited

Peel Hunt is a leading UK investment bank specializing in supporting mid-cap and growth companies. It offers integrated investment banking services, including equity and private capital markets, M&A, debt advisory, investor relations, and corporate broking. The company is listed on AIM and operates offices in London, New York, and Copenhagen.

YTD Price Performance: -28.16%

Average Trading Volume: 56,617

Technical Sentiment Signal: Buy

Current Market Cap: £86.91M

For a thorough assessment of PEEL stock, go to TipRanks’ Stock Analysis page.