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The latest update is out from Venture Life ( (GB:VLG) ).
Venture Life Group has repurchased 200,000 of its own ordinary shares at a volume-weighted average price of 67.36 pence per share under its ongoing share buyback programme, with the shares to be held in treasury. Following this transaction, the company has 128,737,145 ordinary shares in issue, of which 3,113,893 are held in treasury, leaving 125,623,252 voting rights in circulation, a figure the company says shareholders should use to assess disclosure requirements under UK transparency rules and which marginally consolidates remaining investors’ proportional stakes.
The most recent analyst rating on (GB:VLG) stock is a Hold with a £67.00 price target. To see the full list of analyst forecasts on Venture Life stock, see the GB:VLG Stock Forecast page.
Spark’s Take on GB:VLG Stock
According to Spark, TipRanks’ AI Analyst, GB:VLG is a Neutral.
Venture Life’s stock score is primarily supported by strong technical indicators and positive corporate events, such as share buybacks and insider buying, which suggest confidence in future prospects. However, the high P/E ratio and profitability challenges weigh down the score, indicating potential overvaluation and financial risks.
To see Spark’s full report on GB:VLG stock, click here.
More about Venture Life
Venture Life Group is a UK-headquartered international consumer self-care company operating in the global consumer healthcare sector. It focuses on proactive healthy longevity through the innovation, development and commercialisation of over-the-counter products, including brands such as Balance Activ in women’s intimate health, Earol in ENT care, Lift and Glucogel for energy and glucose management and hypoglycaemia, and Health & Her for hormonal lifecycle support, sold via pharmacies, health and beauty retailers, grocery multiples, and e-commerce channels worldwide, either directly or through international distribution partners.
Average Trading Volume: 196,795
Technical Sentiment Signal: Buy
Current Market Cap: £84.65M
For an in-depth examination of VLG stock, go to TipRanks’ Overview page.