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The latest announcement is out from Pembroke VCT ( (GB:PEMB) ).
Pembroke VCT plc announced the purchase and cancellation of 3,482,573 B Ordinary Shares at a price of 93.58p per share, reducing its issued share capital to 258,410,175 B Ordinary Shares. This adjustment affects the total number of voting rights, which shareholders can use for calculations related to interest notifications under the FCA’s rules.
Spark’s Take on GB:PEMB Stock
According to Spark, TipRanks’ AI Analyst, GB:PEMB is a Neutral.
Pembroke VCT’s overall stock score of 53.6 reflects significant financial struggles due to negative profitability and cash flow. However, a strong balance sheet and positive corporate events, such as strategic share issuances, provide some optimism. Technical indicators are neutral, and valuation metrics are weak due to negative earnings.
To see Spark’s full report on GB:PEMB stock, click here.
More about Pembroke VCT
Average Trading Volume: 1,741,358
Technical Sentiment Signal: Buy
For detailed information about PEMB stock, go to TipRanks’ Stock Analysis page.