tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

RPMGlobal Completes Advisory Division Sale, Shifts Focus to Software Business

Story Highlights
RPMGlobal Completes Advisory Division Sale, Shifts Focus to Software Business

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

RPMGlobal Holdings Ltd ( (AU:RUL) ) has issued an update.

RPMGlobal Holdings Ltd announced the completion of the divestment of its Advisory division to SLR Consulting Australia Pty Ltd, impacting its FY2025 financial guidance and corporate cost structure. The company will focus on its Software business, which saw a significant increase in total contract value sales, and plans to issue new financial guidance following the transition.

The most recent analyst rating on (AU:RUL) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on RPMGlobal Holdings Ltd stock, see the AU:RUL Stock Forecast page.

More about RPMGlobal Holdings Ltd

RPMGlobal Holdings Ltd operates in the software industry, focusing primarily on providing software solutions and advisory services to the mining sector. The company recently divested its Advisory business to concentrate on its core software operations.

Average Trading Volume: 507,247

Technical Sentiment Signal: Buy

Current Market Cap: A$1.03B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1