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Touchstar ( (GB:TST) ) has provided an announcement.
Touchstar plc announced the repurchase of 823 ordinary shares as part of its share buyback program, maintaining its issued share capital at 8,475,077. This transaction, executed through Zeus Capital Limited, adjusts the total voting rights to 8,178,730, impacting shareholder calculations under FCA rules.
Spark’s Take on GB:TST Stock
According to Spark, TipRanks’ AI Analyst, GB:TST is a Outperform.
Touchstar’s overall stock score of 76 is driven by its strong financial fundamentals, particularly in cash flow and balance sheet strength. Positive corporate events further enhance the outlook. However, technical analysis indicates potential overbought conditions, and valuation suggests moderate pricing, balancing the overall score.
To see Spark’s full report on GB:TST stock, click here.
More about Touchstar
Touchstar plc is a supplier of mobile data computing solutions and managed services catering to various industrial sectors.
Average Trading Volume: 12,752
Technical Sentiment Signal: Buy
Current Market Cap: £7.4M
For a thorough assessment of TST stock, go to TipRanks’ Stock Analysis page.