tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

TruFin Expects Strong Financial Performance Following Successful Game Launch

Story Highlights
TruFin Expects Strong Financial Performance Following Successful Game Launch

Claim 70% Off TipRanks This Holiday Season

An update from TruFin ( (GB:TRU) ) is now available.

TruFin announced that its subsidiary, Playstack Limited, has successfully launched the game ‘Unbeatable’, leading to financial performance projections for the year exceeding previous expectations. The company anticipates higher revenues, adjusted EBITDA, and PBT, with a stronger year-end cash position. The Board is committed to strategic capital allocation to maximize shareholder returns and is exploring reinvestment and acquisition opportunities.

The most recent analyst rating on (GB:TRU) stock is a Buy with a £128.00 price target. To see the full list of analyst forecasts on TruFin stock, see the GB:TRU Stock Forecast page.

Spark’s Take on GB:TRU Stock

According to Spark, TipRanks’ AI Analyst, GB:TRU is a Outperform.

TruFin’s overall stock score of 73 is driven by strong financial performance and strategic corporate actions, such as share buybacks, which enhance shareholder value. While technical indicators show positive momentum, the high P/E ratio suggests potential overvaluation. The absence of earnings call data limits further insights into future guidance.

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

More about TruFin

TruFin plc is a holding company with a focus on three growth-oriented businesses in niche markets: 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: 232,436

Technical Sentiment Signal: Buy

Current Market Cap: £112.5M

For detailed information about TRU stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1