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The latest announcement is out from Ramsdens Holdings ( (GB:RFX) ).
Ramsdens Holdings PLC announced the issuance of 63,000 new ordinary shares following the exercise of options by CFO Martin Clyburn. These shares will be admitted to trading on AIM, increasing the total number of shares in issue to 32,355,782. This move reflects the company’s ongoing financial activities and impacts its shareholding structure, with Clyburn now holding 0.65% of the company’s issued share capital.
Spark’s Take on GB:RFX Stock
According to Spark, TipRanks’ AI Analyst, GB:RFX is a Outperform.
Ramsdens Holdings achieves a strong overall score due to its robust financial performance and strategic corporate initiatives, which are bolstered by favorable market conditions, particularly in precious metals. While the technical analysis indicates potential overbought conditions, the company’s sound valuation and positive corporate events lend confidence to its growth prospects.
To see Spark’s full report on GB:RFX stock, click here.
More about Ramsdens Holdings
Ramsdens Holdings PLC is a diversified financial services provider and retailer based in Middlesbrough, UK. The company operates in four core business segments: foreign currency exchange, pawnbroking loans, precious metals buying and selling, and retailing of second-hand and new jewellery. Ramsdens runs 169 stores across the UK and has a growing online presence. It is fully FCA authorised for its pawnbroking and credit broking activities.
Average Trading Volume: 115,335
Technical Sentiment Signal: Buy
Current Market Cap: £110.6M
For a thorough assessment of RFX stock, go to TipRanks’ Stock Analysis page.