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The latest announcement is out from Smarttech247 Group PLC ( (GB:S247) ).
Smarttech247 Group PLC has announced recent contract wins and renewals totaling approximately €1.53 million, spanning six months to three years. These contracts, including a significant deal with a major Irish hospital group and a global aviation services business, underscore the effectiveness of Smarttech247’s VisionX MDR platform and NoPhish email security solution. The contracts are expected to bolster the company’s annual recurring revenue and highlight its commitment to enhancing cybersecurity across diverse industries.
Spark’s Take on GB:S247 Stock
According to Spark, TipRanks’ AI Analyst, GB:S247 is a Outperform.
Smarttech247’s notable strengths include robust financial performance and strategic growth through significant contract acquisitions. However, cash flow challenges and liquidity risks slightly temper the overall outlook. Technical indicators suggest moderate market momentum, while valuation remains reasonable.
To see Spark’s full report on GB:S247 stock, click here.
More about Smarttech247 Group PLC
Smarttech247 Group PLC is a multi-award-winning provider of AI-enhanced cybersecurity services, specializing in automated managed detection and response (MDR) for a diverse international clientele. The company focuses on delivering real-time threat detection and response solutions, with a strong emphasis on protecting digital ecosystems across various critical sectors.
Average Trading Volume: 58,373
Technical Sentiment Signal: Sell
Current Market Cap: £9.08M
See more data about S247 stock on TipRanks’ Stock Analysis page.