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The latest update is out from Rectitude Holdings Ltd ( (RECT) ).
Rectitude Holdings Ltd, based in Singapore, announced a change in its financial leadership. On September 30, 2025, Mr. Chan Yong Xian resigned as Chief Financial Officer for personal reasons, and on October 1, 2025, Mr. Chan Kah Chun was appointed as the interim CFO. Mr. Chan Kah Chun brings over a decade of experience with the company and a strong background in finance and accounting, which is expected to ensure continuity and stability in the company’s financial operations.
The most recent analyst rating on (RECT) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Rectitude Holdings Ltd stock, see the RECT Stock Forecast page.
Spark’s Take on RECT Stock
According to Spark, TipRanks’ AI Analyst, RECT is a Neutral.
Rectitude Holdings Ltd faces significant challenges, primarily due to its weak technical indicators and high valuation. Despite strong revenue growth and an improved balance sheet, the company’s declining profitability and cash flow issues are concerning. The stock’s oversold condition and bearish trend further weigh on its attractiveness.
To see Spark’s full report on RECT stock, click here.
More about Rectitude Holdings Ltd
Average Trading Volume: 11,220
Technical Sentiment Signal: Sell
Learn more about RECT stock on TipRanks’ Stock Analysis page.