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Sekur Private Data Ltd. Increases Subscription Prices Amid Rising Demand and New Features

Story Highlights
  • Sekur Private Data Ltd. raises subscription prices by 35% to 110% due to new features and high demand.
  • The company targets high-value clients with enhanced security features, expecting a 50% ARPU increase.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sekur Private Data Ltd. Increases Subscription Prices Amid Rising Demand and New Features

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An announcement from Sekur Private Data ( (TSE:SKUR) ) is now available.

Sekur Private Data Ltd. has announced a significant price increase of 35% to 110% across all its subscription plans, driven by the addition of new features and heightened demand for its cybersecurity solutions amid rising Business Email Compromise (BEC) attacks. The company is targeting high-value clients in industries like finance, law, and private aviation, emphasizing its Swiss-hosted platform’s security and privacy advantages. The new features include alias emails and compliance tools to meet SEC regulations, aiming to boost its Average Revenue Per User by at least 50%.

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 a secure suite of tools such as SekurMail, SekurMessenger, and SekurVPN to protect governments, businesses, and individuals from unauthorized access and cyber threats. The company operates globally, adhering to Swiss privacy standards.

Average Trading Volume: 131,814

Technical Sentiment Signal: Buy

Current Market Cap: C$18.18M

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

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