tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Alco Holdings Announces Capital Reorganization to Meet Trading Requirements

Story Highlights
Alco Holdings Announces Capital Reorganization to Meet Trading Requirements

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Alco Holdings ( (HK:0328) ) just unveiled an announcement.

Alco Holdings Limited has announced a proposed capital reorganization to comply with the Hong Kong Stock Exchange’s trading requirements. The company plans to implement a share consolidation to address the issue of its shares trading below the required board lot value, which is expected to adjust the trading price and value per board lot upward.

The most recent analyst rating on (HK:0328) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Alco Holdings stock, see the HK:0328 Stock Forecast page.

More about Alco Holdings

Average Trading Volume: 3,512,826

Technical Sentiment Signal: Sell

Current Market Cap: HK$152.4M

Learn more about 0328 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1