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The latest update is out from Tristel ( (GB:TSTL) ).
Tristel plc announced the issuance of 9,500 new ordinary shares following the exercise of employee share options. These shares will be admitted to trading on AIM, increasing the total number of shares and voting rights to 47,721,343. This move allows shareholders to adjust their interests in accordance with FCA rules, potentially impacting stakeholder engagement and market positioning.
The most recent analyst rating on (GB:TSTL) stock is a Buy with a £4.40 price target. To see the full list of analyst forecasts on Tristel stock, see the GB:TSTL Stock Forecast page.
Spark’s Take on GB:TSTL Stock
According to Spark, TipRanks’ AI Analyst, GB:TSTL is a Outperform.
Tristel’s overall stock score of 74 is primarily driven by strong financial performance and positive corporate events, such as strategic expansions and new product launches. However, bearish technical indicators and a high valuation limit the score. The robust financial health and strategic initiatives position Tristel well for future growth, although current market sentiment and valuation warrant caution.
To see Spark’s full report on GB:TSTL stock, click here.
More about Tristel
Tristel plc is a global infection prevention company specializing in products utilizing proprietary chlorine dioxide chemistry. It is a market leader in manual decontamination of medical devices, supplying hospitals under the Tristel brand, and offers sustainable sporicidal surface disinfection products under the Cache brand. Headquartered near Cambridge, Tristel operates globally with 250 employees across 14 subsidiaries, selling to 40 countries.
Average Trading Volume: 82,036
Technical Sentiment Signal: Sell
Current Market Cap: £171.8M
See more data about TSTL stock on TipRanks’ Stock Analysis page.