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Touchstar ( (GB:TST) ) has provided an update.
Touchstar plc has executed a share buyback program, purchasing 6,563 ordinary shares at prices ranging from 77 to 82 pence per share. This transaction, part of a previously announced buyback program, leaves the company’s issued share capital unchanged at 8,475,077, with 336,849 shares now held in treasury. The total voting rights in the company are now 8,138,228, which shareholders can use for determining interest notifications under regulatory guidelines.
The most recent analyst rating on (GB:TST) stock is a Hold with a £95.00 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, particularly its robust cash flow and low leverage. However, technical indicators suggest bearish momentum, and the valuation is moderate. The absence of recent earnings call data and corporate events limits further insights.
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 a variety of industrial sectors.
Average Trading Volume: 8,589
Technical Sentiment Signal: Sell
Current Market Cap: £6.23M
For a thorough assessment of TST stock, go to TipRanks’ Stock Analysis page.