Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
The latest update is out from Ridley Corporation Limited ( (AU:RIC) ).
Ridley Corporation Limited has announced the quotation of 30,264,282 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of May 21, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by improving access to capital markets.
The most recent analyst rating on (AU:RIC) stock is a Buy with a A$2.65 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.
More about Ridley Corporation Limited
Ridley Corporation Limited operates in the agribusiness sector, focusing on the production and supply of animal nutrition solutions. The company caters to a range of markets including livestock, aquaculture, and pet food industries.
Average Trading Volume: 417,279
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$833.8M
For an in-depth examination of RIC stock, go to TipRanks’ Stock Analysis page.