tiprankstipranks
Trending News
More News >

Perpetual Limited Increases Stake in Nick Scali Limited

Story Highlights
Perpetual Limited Increases Stake in Nick Scali Limited

Confident Investing Starts Here:

Nick Scali Limited ( (AU:NCK) ) just unveiled an announcement.

Perpetual Limited and its related bodies corporate have increased their substantial holding in Nick Scali Limited, raising their voting power from 7.534% to 8.552%. This change in interest reflects a growing confidence in Nick Scali’s market position and potential for future growth, potentially impacting the company’s strategic decisions and shareholder dynamics.

More about Nick Scali Limited

Nick Scali Limited is a leading furniture retailer in Australia, specializing in high-quality, stylish furniture and home accessories. The company focuses on providing a wide range of products that cater to diverse customer preferences, with a strong market presence in the Australian retail sector.

YTD Price Performance: 3.05%

Average Trading Volume: 284,903

Technical Sentiment Signal: Sell

Current Market Cap: A$1.24B

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

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1