Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
An update from TruFin ( (GB:TRU) ) is now available.
TruFin plc has repurchased 93,975 of its own ordinary shares at an average price of 89.88 pence per share, with the intention of cancelling them. This transaction affects the total number of ordinary shares with voting rights, now totaling 105,337,712, and may impact shareholder calculations under the Financial Conduct Authority’s rules.
Spark’s Take on GB:TRU Stock
According to Spark, TipRanks’ AI Analyst, GB:TRU is a Outperform.
TruFin’s overall stock score is driven by a strong financial performance and positive corporate events. The company’s robust revenue growth and strategic initiatives, such as the share buyback, are key strengths. However, technical analysis suggests potential caution due to overbought signals, and valuation metrics indicate moderate attractiveness. The lack of earnings call data limits further insights.
To see Spark’s full report on GB:TRU stock, click here.
More about TruFin
TruFin plc is a holding company that oversees three technology businesses focused on growth within niche markets, specifically in early payment provision, invoice finance, and mobile games publishing. The company was listed on AIM in February 2018 and operates under the ticker symbol TRU.
Average Trading Volume: 197,542
Technical Sentiment Signal: Buy
Current Market Cap: £94.5M
See more insights into TRU stock on TipRanks’ Stock Analysis page.