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Director’s Share Acquisition Reflects Confidence in Southern Cross Electrical Engineering

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Director’s Share Acquisition Reflects Confidence in Southern Cross Electrical Engineering

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An update from Southern Cross Electrical Engineering Limited ( (AU:SXE) ) is now available.

Southern Cross Electrical Engineering Limited announced a change in the director’s interest, with Karl John Paganin acquiring additional shares through the company’s Dividend Reinvestment Plan. This acquisition increases his total holdings, reflecting confidence in the company’s financial strategies and potentially impacting investor perceptions positively.

The most recent analyst rating on (AU:SXE) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Southern Cross Electrical Engineering Limited stock, see the AU:SXE Stock Forecast page.

More about Southern Cross Electrical Engineering Limited

Southern Cross Electrical Engineering Limited operates in the electrical engineering industry, providing specialized electrical, instrumentation, communication, and maintenance services. The company focuses on delivering these services across various sectors, including resources, infrastructure, and commercial industries.

Average Trading Volume: 781,295

Technical Sentiment Signal: Buy

Current Market Cap: A$552.5M

Learn more about SXE stock on TipRanks’ Stock Analysis page.

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