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Checkit plc ( (GB:CKT) ) just unveiled an update.
Checkit plc announced that its CEO, Kit Kyte, has purchased 248,564 ordinary shares in the company, increasing his total beneficial interest to 1.26% of the company’s issued share capital. This transaction, conducted on the London Stock Exchange, reflects confidence in the company’s future prospects and may positively influence stakeholder perception.
The most recent analyst rating on (GB:CKT) stock is a Hold with a £13.00 price target. To see the full list of analyst forecasts on Checkit plc stock, see the GB:CKT Stock Forecast page.
Spark’s Take on GB:CKT Stock
According to Spark, TipRanks’ AI Analyst, GB:CKT is a Neutral.
Checkit plc’s stock score is primarily impacted by its financial performance challenges, including negative profitability and cash flow issues. Technical analysis indicates bearish momentum, and valuation metrics are unattractive due to a negative P/E ratio and no dividend yield. These factors collectively contribute to a low overall stock score.
To see Spark’s full report on GB:CKT stock, click here.
More about Checkit plc
Checkit plc operates in the technology industry, providing an automated monitoring platform designed for operational leaders. The company focuses on enhancing operational efficiency through its innovative solutions.
Average Trading Volume: 108,083
Technical Sentiment Signal: Strong Sell
Current Market Cap: £15.39M
Learn more about CKT stock on TipRanks’ Stock Analysis page.