TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Saferoads Holdings Limited ( (AU:SRH) ) has issued an update.
Saferoads Holdings Limited announced the successful shareholder approval for the sale of its Road Safety Rentals business during an Extraordinary General Meeting. This decision, supported by a significant majority of votes, marks a strategic move for the company, potentially impacting its operational focus and market positioning by divesting a part of its business.
More about Saferoads Holdings Limited
Saferoads Holdings Limited operates in the road safety industry, providing products and services aimed at enhancing road safety. The company is based in Pakenham, Victoria, Australia, and is listed on the Australian Securities Exchange under the ticker SRH.
YTD Price Performance: 339.02%
Average Trading Volume: 48,126
Technical Sentiment Signal: Sell
Current Market Cap: A$7.87M
For an in-depth examination of SRH stock, go to TipRanks’ Stock Analysis page.