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Revolution Beauty’s Chairman Increases Stake with Significant Share Purchase

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Revolution Beauty’s Chairman Increases Stake with Significant Share Purchase

TipRanks Cyber Monday Sale

Revolution Beauty Group plc ( (GB:REVB) ) just unveiled an announcement.

Revolution Beauty Group plc announced that Iain McDonald, the Non-Executive Chairman, has purchased 1,000,000 ordinary shares of the company at a price of 2.49 pence per share. This transaction increases McDonald’s beneficial interest to 3,000,000 shares, representing 0.35% of the company’s issued share capital. This move is in compliance with the EU Market Abuse Regulation as incorporated into UK law, signaling confidence in the company’s future prospects and potentially impacting stakeholder perceptions positively.

The most recent analyst rating on (GB:REVB) stock is a Sell with a £2.50 price target. To see the full list of analyst forecasts on Revolution Beauty Group plc stock, see the GB:REVB Stock Forecast page.

Spark’s Take on GB:REVB Stock

According to Spark, TipRanks’ AI Analyst, GB:REVB is a Underperform.

Revolution Beauty Group plc’s overall stock score is heavily impacted by its poor financial performance, which is the most significant factor. The company’s negative profitability, declining revenues, and weak balance sheet are major concerns. Additionally, technical analysis indicates bearish momentum, and the valuation metrics are unattractive due to negative earnings and the absence of a dividend yield.

To see Spark’s full report on GB:REVB stock, click here.

More about Revolution Beauty Group plc

Revolution Beauty Group plc is a multi-channel mass beauty brand that focuses on providing a wide range of beauty products. The company operates in the beauty industry, catering to a diverse market with its array of affordable and accessible beauty solutions.

Average Trading Volume: 1,973,283

Technical Sentiment Signal: Sell

Current Market Cap: £21.22M

For detailed information about REVB stock, go to TipRanks’ Stock Analysis page.

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