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PEXA Group Limited’s Transformative Year and Strategic Expansion

Story Highlights
  • PEXA expanded its services in Australia and the UK, marking a transformative year.
  • The company reached $5 trillion in transactions and focused on cybersecurity and compliance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
PEXA Group Limited’s Transformative Year and Strategic Expansion

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PEXA Group Limited ( (AU:PXA) ) just unveiled an update.

PEXA Group Limited held its Annual General Meeting, highlighting a transformative year marked by significant management changes and service expansion in Australia and the UK. The company reached a milestone of $5 trillion in processed transactions and completed its mandated national reach in Australia. Designated as National Critical Infrastructure, PEXA emphasized its commitment to cybersecurity and regulatory compliance. The company also engaged in regulatory processes that could shape the industry’s future, including inquiries into eConveyancing competition and preparations for an ELNO pricing review.

The most recent analyst rating on (AU:PXA) stock is a Buy with a A$17.45 price target. To see the full list of analyst forecasts on PEXA Group Limited stock, see the AU:PXA Stock Forecast page.

More about PEXA Group Limited

PEXA (Property Exchange Australia) is a leading digital property exchange and data insights company, listed on the Australian Stock Exchange. Since its inception in 2013, PEXA has facilitated over 20 million property settlements, handling 90% of all property transfer settlements in Australia. The company expanded its services to the UK in 2022 with a focus on refinancing capabilities.

Average Trading Volume: 425,735

Technical Sentiment Signal: Buy

Current Market Cap: A$2.59B

Find detailed analytics on PXA stock on TipRanks’ Stock Analysis page.

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