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The latest update is out from Acusensus Ltd ( (AU:ACE) ).
Acusensus Limited has secured a new $8.7 million contract with the Western Australian government to supply multi-function fixed site enforcement camera programs. This five-year agreement, which follows a successful trial, will enhance road safety by deploying cameras on major freeways to detect various traffic offenses. This contract, alongside a previous trailer-based enforcement agreement, strengthens Acusensus’ position in Western Australia as a key provider of road safety technology.
The most recent analyst rating on (AU:ACE) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on Acusensus Ltd stock, see the AU:ACE Stock Forecast page.
More about Acusensus Ltd
Acusensus Limited is a technology company specializing in the design and development of artificial intelligence-enabled road safety solutions. The company focuses on providing advanced multi-function enforcement technology, primarily in the road safety sector.
Average Trading Volume: 68,325
Technical Sentiment Signal: Buy
See more insights into ACE stock on TipRanks’ Stock Analysis page.