Ama Group Limited ( (AU:AMA) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Ama Group Limited’s stock price is on the rise following significant changes in its substantial holdings. Washington H. Soul Pattinson and Company Limited has increased its voting power to 6.02%, while Pengana Capital Group Limited now holds a 0.42% stake. These shifts in ownership could affect the company’s governance and strategic decisions, drawing attention from investors. The stock is currently rated as a buy, with a market capitalization of A$358.7 million.
More about Ama Group Limited
YTD Price Performance: 25.00%
Average Trading Volume: 6,260,515
Technical Sentiment Signal: Buy
Current Market Cap: A$358.7M
For further insights into AMA stock on TipRanks’ Stock Analysis page.
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