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SysGroup Announces Share Option Exercise by Former CFO

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SysGroup Announces Share Option Exercise by Former CFO

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SysGroup ( (GB:SYS) ) has shared an announcement.

SysGroup plc announced that its former Chief Financial Officer, Martin Audcent, has exercised options over 400,000 ordinary shares. This exercise does not alter the company’s issued ordinary share capital, which remains at 85,515,091 shares, with 83,653,697 total voting rights available for shareholders. This move is part of the company’s ongoing management of its share capital and does not impact the company’s market positioning or operations.

The most recent analyst rating on (GB:SYS) stock is a Hold with a £17.00 price target. To see the full list of analyst forecasts on SysGroup stock, see the GB:SYS Stock Forecast page.

Spark’s Take on GB:SYS Stock

According to Spark, TipRanks’ AI Analyst, GB:SYS is a Neutral.

SysGroup’s overall stock score is primarily impacted by its financial performance and technical analysis. The company faces significant challenges with declining revenues, negative profitability, and poor cash flow generation. Technical indicators further suggest a bearish trend, with the stock being oversold. Valuation metrics are also unfavorable due to a negative P/E ratio and lack of dividend yield. These factors collectively result in a low overall stock score.

To see Spark’s full report on GB:SYS stock, click here.

More about SysGroup

SysGroup plc is a managed service provider specializing in end-to-end data solutions, including connectivity, cloud hosting, delivery, analytics, and governance of customer data, with a security layer for users and applications. The company focuses on digital transformation for the UK mid-market and operates offices in Edinburgh, London, Manchester, and Newport.

Average Trading Volume: 92,369

Technical Sentiment Signal: Sell

Current Market Cap: £13.53M

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

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