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Audinate Group ( (AU:AD8) ) has provided an announcement.
Audinate Group Limited announced the application for quotation of 14,472 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of an employee incentive scheme and reflects the company’s ongoing efforts to enhance its market presence and operational capabilities.
The most recent analyst rating on (AU:AD8) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Audinate Group stock, see the AU:AD8 Stock Forecast page.
More about Audinate Group
Audinate Group Limited operates in the technology industry, focusing on providing audio networking solutions. The company is known for its Dante platform, which is widely used for distributing digital audio signals over computer networks, catering primarily to the professional audio and video markets.
Average Trading Volume: 605,640
Technical Sentiment Signal: Sell
Current Market Cap: A$427.5M
See more data about AD8 stock on TipRanks’ Stock Analysis page.