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TPXimpact Holdings PLC ( (GB:TPX) ) has issued an announcement.
TPXimpact Holdings PLC has announced the renewal and extension of its existing banking facilities with HSBC, which includes an £11 million Revolving Credit Facility and a £4 million overdraft for working capital. This new agreement is part of the company’s strategy to maintain financial stability and reduce net debt, with a focus on sustainability improvements linked to its EcoVadis rating.
The most recent analyst rating on (GB:TPX) stock is a Buy with a £72.00 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 that focuses on people-powered digital transformation. It collaborates with organizations to accelerate positive change, primarily serving the UK public services sector, which constitutes over 90% of its client base. The company is recognized for its expertise in human-centered design, data, experience, and technology, aiming to create sustainable solutions.
Average Trading Volume: 95,768
Technical Sentiment Signal: Sell
Current Market Cap: £18.89M
Learn more about TPX stock on TipRanks’ Stock Analysis page.