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Reklaim Ltd ( (TSE:MYID) ) just unveiled an update.
Reklaim Ltd. has appointed Mark Thompson, former Head of Privacy Product Management at Norton, as Vice President of Product to lead its Reklaim Protect platform. Thompson’s extensive experience in consumer privacy products is expected to accelerate the platform’s expansion and innovation in consumer privacy protection, reinforcing Reklaim’s mission to empower consumers to control their data.
Spark’s Take on TSE:MYID Stock
According to Spark, TipRanks’ AI Analyst, TSE:MYID is a Neutral.
Reklaim Ltd’s overall stock score is driven primarily by its financial performance and technical analysis. While revenue and cash flow improvements are positive, high leverage and declining profit margins pose significant risks. The technical indicators suggest a neutral to slightly bearish trend. The high P/E ratio indicates potential overvaluation, further impacting the overall score.
To see Spark’s full report on TSE:MYID stock, click here.
More about Reklaim Ltd
Reklaim Ltd. is a unique company that allows consumers to view, protect, and receive compensation for their data. It operates through subscription-based and rewards-based consumer platforms, empowering individuals to regain ownership of their personal information.
Average Trading Volume: 123,535
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$10.38M
See more data about MYID stock on TipRanks’ Stock Analysis page.