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.
Sekur Private Data ( (TSE:SKUR) ) just unveiled an announcement.
Sekur Private Data Ltd. has announced the closing of the first tranche of its non-brokered private placement, raising CA$105,000 through the issuance of 3,000,000 units. The funds are intended for marketing Sekur’s privacy communications solutions in the United States and for general working capital. This move is expected to enhance the company’s market presence and operational capabilities in the cybersecurity industry.
Spark’s Take on TSE:SKUR Stock
According to Spark, TipRanks’ AI Analyst, TSE:SKUR is a Neutral.
Sekur Private Data’s stock score is driven by its revenue growth and debt-free status, though it is tempered by profitability and cash flow challenges. The technical analysis shows positive momentum, but the negative valuation metrics pose a risk. Recent corporate events like the private placement are positive but are already accounted for in financial performance.
To see Spark’s full report on TSE:SKUR stock, click here.
More about Sekur Private Data
Sekur Private Data Ltd. is a Swiss-hosted cybersecurity and privacy communications provider offering secure tools to protect governments, businesses, and individuals from unauthorized access and cyber threats. Their solutions, including SekurMail, SekurMessenger, and SekurVPN, are grounded in Swiss privacy standards and are sold globally through their website, approved distributors, and telecommunications companies.
Average Trading Volume: 131,814
Technical Sentiment Signal: Buy
Current Market Cap: C$18.18M
Learn more about SKUR stock on TipRanks’ Stock Analysis page.