TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
UTS Marketing Solutions Holdings Ltd. ( (HK:6113) ) has provided an update.
UTS Marketing Solutions Holdings Ltd. has announced the acquisition of approximately 33.41 units of Bitcoin for around US$3.86 million, bringing its total Bitcoin holdings to 43.41 units. This move aligns with the company’s strategic shift towards digital assets, aiming to strengthen its position in Hong Kong’s digital asset ecosystem and capitalize on favorable regulatory developments. The acquisition is seen as a step towards embracing the future of finance and creating long-term value for shareholders.
The most recent analyst rating on (HK:6113) stock is a Hold with a HK$5.00 price target. To see the full list of analyst forecasts on UTS Marketing Solutions Holdings Ltd. stock, see the HK:6113 Stock Forecast page.
More about UTS Marketing Solutions Holdings Ltd.
UTS Marketing Solutions Holdings Ltd. is primarily engaged in providing outbound telemarketing services and contact center facilities for the promotion of financial products issued by authorized financial institutions, card companies, or organizations worldwide. The company is expanding into the digital asset sector to enhance its strategic positioning and asset diversification.
Average Trading Volume: 1,237,406
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.8B
For an in-depth examination of 6113 stock, go to TipRanks’ Overview page.