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Swoop Holdings Limited ( (AU:SWP) ) has provided an update.
Swoop Holdings Limited has requested a trading halt on its securities as it prepares to announce the outcome of an accelerated entitlement offer aimed at raising capital. This move is part of a broader strategy to strengthen its financial position and enhance its market operations, potentially impacting stakeholders by increasing the company’s capacity for growth and investment.
The most recent analyst rating on (AU:SWP) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Swoop Holdings Limited stock, see the AU:SWP Stock Forecast page.
More about Swoop Holdings Limited
Swoop Holdings Limited operates in the telecommunications industry, focusing on providing internet and data services. The company is known for its innovative solutions in broadband connectivity and aims to expand its market presence through strategic initiatives.
Average Trading Volume: 98,552
Technical Sentiment Signal: Sell
Current Market Cap: A$32.17M
See more data about SWP stock on TipRanks’ Stock Analysis page.