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Tyro Payments Ltd. ( (AU:TYR) ) has provided an announcement.
Pinnacle Investment Management Group Limited has become a substantial holder in Tyro Payments Ltd, acquiring a 5.18% voting power with 27,377,237 ordinary fully paid shares. This acquisition signifies a significant investment move by Pinnacle, potentially impacting Tyro Payments’ market dynamics and stakeholder interests.
The most recent analyst rating on (AU:TYR) stock is a Hold with a A$1.30 price target. To see the full list of analyst forecasts on Tyro Payments Ltd. stock, see the AU:TYR Stock Forecast page.
More about Tyro Payments Ltd.
Tyro Payments Ltd is a financial technology company that provides payment solutions and banking services primarily to small and medium-sized enterprises in Australia.
Average Trading Volume: 1,898,558
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$433.2M
For a thorough assessment of TYR stock, go to TipRanks’ Stock Analysis page.