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Acuity RM Group Secures Key Contract with European Defence Contractor

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Acuity RM Group Secures Key Contract with European Defence Contractor

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The latest announcement is out from Drumz ( (GB:ACRM) ).

Acuity RM Group’s subsidiary, Acuity Risk Management Limited, has secured a contract with a leading European defence contractor to provide its Vendor Management Hub (VMH) software and services. This contract is expected to open further commercial opportunities for Acuity, enhancing its presence in the cyber-security sector of the Governance, Risk and Compliance market. The availability of VMH on the AWS Marketplace is a strategic move to expand Acuity’s distribution channels, accelerating its global reach and revenue growth.

The most recent analyst rating on (GB:ACRM) stock is a Hold with a £1.00 price target. To see the full list of analyst forecasts on Drumz stock, see the GB:ACRM Stock Forecast page.

Spark’s Take on GB:ACRM Stock

According to Spark, TipRanks’ AI Analyst, GB:ACRM is a Neutral.

Drumz’s overall stock score is primarily impacted by its weak financial performance and negative valuation metrics. The technical analysis further indicates bearish momentum, reinforcing the need for strategic improvements to enhance financial stability.

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

More about Drumz

Acuity RM Group plc is an established provider of risk management services, known for its award-winning STREAM® software platform. The company operates in various markets, including government, defence, broadcasting, utilities, manufacturing, and healthcare, focusing on long-term, sustainable growth through organic growth and complementary acquisitions.

Average Trading Volume: 664,282

Technical Sentiment Signal: Strong Sell

Current Market Cap: £2.16M

Learn more about ACRM stock on TipRanks’ Stock Analysis page.

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