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An announcement from Tristel ( (GB:TSTL) ) is now available.
Tristel plc announced the issuance and allotment of 2,000 new ordinary shares following the exercise of employee share options. These shares are set to be admitted to trading on AIM, increasing the total number of ordinary shares and voting rights to 47,747,043. This development allows shareholders to calculate their interests in the company’s share capital under the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:TSTL) stock is a Buy with a £420.00 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 focused on manufacturing and supplying products using its unique proprietary chlorine dioxide chemistry. The company is a market leader in the manual decontamination of medical devices, supplying hospitals under the Tristel brand, and offers sustainable sporicidal surface disinfection products under the Cache brand. Headquartered in Snailwell, near Cambridge, Tristel operates globally with approximately 250 employees across 14 subsidiaries, selling into 40 countries. It has been listed on the London Stock Exchange’s AIM market since 2005.
Average Trading Volume: 82,215
Technical Sentiment Signal: Sell
Current Market Cap: £171.8M
See more data about TSTL stock on TipRanks’ Stock Analysis page.