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Truetide Plc Appoints AlbR Capital as Joint Corporate Broker

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Truetide Plc Appoints AlbR Capital as Joint Corporate Broker

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An announcement from Braveheart Investment ( (GB:TRUE) ) is now available.

Truetide Plc, a company listed on the AIM market, has announced the appointment of AlbR Capital Limited as its Joint Corporate Broker, alongside Allenby Capital Limited. This strategic move is expected to enhance Truetide’s market presence and potentially improve its investor relations, reflecting the company’s commitment to strengthening its financial advisory team.

Spark’s Take on GB:TRUE Stock

According to Spark, TipRanks’ AI Analyst, GB:TRUE is a Neutral.

Braveheart Investment Group faces significant financial instability, marked by declining revenues and profitability issues, despite having no debt. Technical analysis indicates a bearish trend, with the stock trading below key moving averages and being oversold. Valuation metrics are unattractive due to a negative P/E ratio and no dividend yield. However, the recent strategic investment in IQ-AI Ltd is a positive development that might enhance its market position, but overall risks remain high.

To see Spark’s full report on GB:TRUE stock, click here.

More about Braveheart Investment

Average Trading Volume: 103,155

Technical Sentiment Signal: Sell

Current Market Cap: £1.65M

Find detailed analytics on TRUE stock on TipRanks’ Stock Analysis page.

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