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IDE Group Holdings Plc ( (GB:TIA) ) just unveiled an update.
Ian Smith, a director at Tialis Essential IT Plc, has acquired 31,000 ordinary shares of the company, increasing his beneficial interest to 1.70% of the company’s issued share capital. Smith, who is also the CEO and major shareholder of MXC Capital Limited, along with MXC, now holds a combined 68.7% of Tialis’s issued ordinary share capital, indicating a strong control over the company.
The most recent analyst rating on (GB:TIA) stock is a Hold with a £68.00 price target. To see the full list of analyst forecasts on IDE Group Holdings Plc stock, see the GB:TIA Stock Forecast page.
Spark’s Take on GB:TIA Stock
According to Spark, TipRanks’ AI Analyst, GB:TIA is a Neutral.
The overall stock score of 50 reflects the company’s financial challenges, including high leverage and ongoing profitability issues, despite some improvements in cash flow. Technical analysis shows mixed signals with some potential for upward momentum, but valuation remains unattractive due to negative earnings. The lack of earnings call data and corporate events means these factors do not influence the score.
To see Spark’s full report on GB:TIA stock, click here.
More about IDE Group Holdings Plc
Tialis Essential IT Plc is a mid-market provider specializing in network, cloud, and IT managed services. The company focuses on delivering essential IT solutions to its clients, positioning itself as a significant player in the IT services industry.
Average Trading Volume: 13,440
Technical Sentiment Signal: Hold
Current Market Cap: £23.95M
For detailed information about TIA stock, go to TipRanks’ Stock Analysis page.