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Viva Leisure Ltd. ( (AU:VVA) ) has provided an update.
Viva Leisure Limited has acquired a 33% stake in Gorilla X Labs, an Australian sports nutrition company known for its premium products like RTD beverages and protein powders. This strategic investment, funded from Viva Leisure’s cash reserves, aims to integrate Gorilla X’s product range into Viva’s platforms, enhancing the fitness and nutrition offerings for its members and driving growth and customer experience both in-club and online.
The most recent analyst rating on (AU:VVA) stock is a Buy with a A$2.60 price target. To see the full list of analyst forecasts on Viva Leisure Ltd. stock, see the AU:VVA Stock Forecast page.
More about Viva Leisure Ltd.
Viva Leisure is a company focused on providing accessible fitness and wellness solutions through a variety of product offerings. With a commitment to growth, innovation, and exceptional customer experiences, Viva Leisure continues to lead in the fitness industry.
Average Trading Volume: 272,291
Technical Sentiment Signal: Sell
Current Market Cap: A$136.3M
For detailed information about VVA stock, go to TipRanks’ Stock Analysis page.