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Jiangxi Rimag Group Co., Ltd. Class H ( (HK:2522) ) has provided an update.
Jiangxi Rimag Group Co., Ltd. announced that key directors, including the chairman and CEO, have purchased a total of 208,000 H shares in the open market. This move reflects their confidence in the company’s business development and future prospects, despite the current share price not reflecting the company’s long-term value. The company assures that it maintains sufficient public float as per listing requirements, advising shareholders and potential investors to exercise caution when dealing with the company’s shares.
The most recent analyst rating on (HK:2522) stock is a Buy with a HK$52.39 price target. To see the full list of analyst forecasts on Jiangxi Rimag Group Co., Ltd. Class H stock, see the HK:2522 Stock Forecast page.
More about Jiangxi Rimag Group Co., Ltd. Class H
Average Trading Volume: 8,116,449
Technical Sentiment Signal: Strong Sell
For a thorough assessment of 2522 stock, go to TipRanks’ Stock Analysis page.