Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from Touchstar ( (GB:TST) ) is now available.
Touchstar plc reported that its chief executive officer, Lynden Jones, has purchased 7,804 ordinary shares in the company at an average price of 62 pence per share, giving him a holding of 7,804 shares, or about 0.01% of the issued share capital. While the stake remains small in percentage terms, the director dealing signals personal financial commitment from the CEO and may be interpreted by investors as a vote of confidence in the company’s prospects and current valuation.
The most recent analyst rating on (GB:TST) stock is a Hold with a £66.00 price target. To see the full list of analyst forecasts on Touchstar stock, see the GB:TST Stock Forecast page.
Spark’s Take on GB:TST Stock
According to Spark, TipRanks’ AI Analyst, GB:TST is a Neutral.
Touchstar’s overall stock score is driven by its strong financial position and positive corporate actions like the share buyback. However, the high P/E ratio and mixed technical indicators suggest caution. The company should focus on improving profitability and revenue growth to enhance its valuation.
To see Spark’s full report on GB:TST stock, click here.
More about Touchstar
Touchstar plc, listed on AIM under the ticker TST, supplies technology and solutions that secure the logistics of people and products across a variety of industrial sectors, focusing on operational safety, security and efficiency within logistics workflows.
Average Trading Volume: 12,679
Technical Sentiment Signal: Sell
Current Market Cap: £4.83M
Learn more about TST stock on TipRanks’ Stock Analysis page.