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TPXimpact Holdings PLC ( (GB:TPX) ) has shared an announcement.
TPXimpact Holdings PLC has appointed Cooper Parry Group Limited as its new auditors following a rigorous tender process. This decision, approved by the Board, awaits shareholder approval at the upcoming Annual General Meeting. The outgoing auditors, S&W Partners Audit Limited, have resigned without raising any issues. This change in auditors is a strategic move for TPXimpact, potentially impacting its financial oversight and stakeholder confidence.
The most recent analyst rating on (GB:TPX) stock is a Buy with a £66.00 price target. To see the full list of analyst forecasts on TPXimpact Holdings PLC stock, see the GB:TPX Stock Forecast page.
Spark’s Take on GB:TPX Stock
According to Spark, TipRanks’ AI Analyst, GB:TPX is a Neutral.
TPXimpact Holdings PLC faces significant challenges with profitability and valuation, marked by ongoing net losses and a negative P/E ratio. However, the company exhibits strengths in cash flow improvements and a stable balance sheet. Positive corporate actions, like the Share Incentive Plan and new CFO appointment, offer potential for recovery and stability.
To see Spark’s full report on GB:TPX stock, click here.
More about TPXimpact Holdings PLC
TPXimpact Holdings PLC is a technology-enabled services company focused on people-powered digital transformation. The company collaborates with organizations to accelerate positive change, particularly within the UK public services sector, which constitutes over 90% of its client base. TPXimpact is recognized for its expertise in human-centered design, data, experience, and technology, working to create sustainable solutions.
Average Trading Volume: 86,047
Technical Sentiment Signal: Sell
Current Market Cap: £17.05M
See more insights into TPX stock on TipRanks’ Stock Analysis page.