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.
TruFin ( (GB:TRU) ) has provided an announcement.
TruFin plc has repurchased 75,000 of its own shares at an average price of 89.07 pence per share, with plans to cancel these shares. This transaction affects the total voting rights, which now stand at 105,851,687 shares, impacting 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 for three technology businesses focused on niche markets, including 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.
YTD Price Performance: 6.63%
Average Trading Volume: 189,008
Technical Sentiment Signal: Buy
Current Market Cap: £93.75M
For detailed information about TRU stock, go to TipRanks’ Stock Analysis page.