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An update from Technology One Limited ( (AU:TNE) ) is now available.
TechnologyOne has addressed shareholder concerns regarding their CFO, Cale Bennett, who previously worked at Corporate Travel Management (CTM), a company currently in the news. Despite the issues at CTM, TechnologyOne’s leadership has expressed confidence in Bennett’s ability to continue leading their finance and corporate services teams, citing his positive impact on the company. The company will continue to monitor the situation at CTM and assess any new developments.
The most recent analyst rating on (AU:TNE) stock is a Hold with a A$31.00 price target. To see the full list of analyst forecasts on Technology One Limited stock, see the AU:TNE Stock Forecast page.
More about Technology One Limited
TechnologyOne is Australia’s largest enterprise software company and part of the ASX top 50, with a global presence. The company offers a SaaS+ (Solution as a Service) product that provides comprehensive, industry-specific solutions, including implementation, support, and upgrades. TechnologyOne serves over 1,300 clients, including corporations, government agencies, local councils, and universities, helping them adapt to new technologies with evolving enterprise software.
YTD Price Performance: -7.15%
Average Trading Volume: 1,131,579
Technical Sentiment Signal: Hold
Current Market Cap: A$9.4B
For detailed information about TNE stock, go to TipRanks’ Stock Analysis page.