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The latest update is out from Sprintex Limited ( (AU:SIX) ).
Sprintex Limited announced the issuance of 32,760,000 unquoted securities in the form of performance rights under an employee incentive scheme. This move is part of the company’s strategy to incentivize and retain key personnel, potentially enhancing its operational capabilities and competitive positioning in the automotive industry.
The most recent analyst rating on (AU:SIX) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Sprintex Limited stock, see the AU:SIX Stock Forecast page.
More about Sprintex Limited
Sprintex Limited operates in the automotive industry, focusing on the development and manufacturing of superchargers and related performance enhancement products for vehicles. The company is known for its innovative solutions aimed at improving engine efficiency and performance.
Average Trading Volume: 270,025
Technical Sentiment Signal: Sell
Current Market Cap: A$35.6M
Learn more about SIX stock on TipRanks’ Stock Analysis page.