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Bytes Technology Group Plc ( (GB:BYIT) ) has shared an update.
Bytes Technology Group Plc has announced an update on its share capital following a share repurchase program. The company’s issued share capital now consists of 239,952,286 ordinary voting shares, which shareholders can use as a reference for any changes in their shareholding interests. This update is significant for stakeholders as it affects voting rights and shareholding calculations.
The most recent analyst rating on (GB:BYIT) stock is a Buy with a £459.00 price target. To see the full list of analyst forecasts on Bytes Technology Group Plc stock, see the GB:BYIT Stock Forecast page.
Spark’s Take on GB:BYIT Stock
According to Spark, TipRanks’ AI Analyst, GB:BYIT is a Outperform.
Bytes Technology Group’s strong financial performance, characterized by robust revenue growth and profitability, is the primary driver of its stock score. Technical indicators suggest potential bullish momentum, while the valuation is fair with a reasonable P/E ratio and attractive dividend yield. The absence of earnings call and corporate events data does not impact the score.
To see Spark’s full report on GB:BYIT stock, click here.
More about Bytes Technology Group Plc
Bytes Technology Group Plc operates in the technology industry, focusing on providing IT solutions and services. The company is listed on both the London Stock Exchange and the Johannesburg Stock Exchange, indicating its significant market presence and international reach.
Average Trading Volume: 1,401,244
Technical Sentiment Signal: Sell
Current Market Cap: £946.8M
See more data about BYIT stock on TipRanks’ Stock Analysis page.