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TruFin ( (GB:TRU) ) has provided an update.
TruFin plc has repurchased 118,792 of its own ordinary shares at an average price of 89.50 pence per share, with the intention to cancel them. This transaction affects the total number of voting shares, now standing at 105,218,920, which shareholders can use to assess their notification requirements under financial regulations.
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 overseeing three technology businesses focused on niche markets: early payment provision, invoice finance, and mobile games publishing. The company has been listed on AIM since February 2018 under the ticker TRU.
Average Trading Volume: 197,542
Technical Sentiment Signal: Buy
Current Market Cap: £94.5M
For a thorough assessment of TRU stock, go to TipRanks’ Stock Analysis page.