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CCLA Sells Entire Stake in US Solar Fund

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CCLA Sells Entire Stake in US Solar Fund

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An announcement from US Solar Fund ( (GB:USF) ) is now available.

US Solar Fund PLC, a UK-based issuer, announced that CCLA Investment Management Ltd has sold its entire position in the company’s voting shares, reducing its percentage of voting rights to 0%. This significant change in shareholding structure could impact the company’s governance and investor relations, as CCLA’s previous holding was 7.62% of the voting rights.

Spark’s Take on GB:USF Stock

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

US Solar Fund’s stock score reflects significant challenges, primarily due to weak financial performance with declining revenues and profitability. Technical analysis shows bearish trends, further impacting the score. Despite these challenges, the high dividend yield and recent positive corporate events provide some support. Improvements in financial performance and technical indicators would be necessary to enhance the stock’s overall attractiveness.

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

More about US Solar Fund

YTD Price Performance: -19.05%

Average Trading Volume: 821,401

Technical Sentiment Signal: Buy

See more data about USF stock on TipRanks’ Stock Analysis page.

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