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Sleep Cycle AB ( (SE:SLEEP) ) has shared an update.
Sleep Cycle’s Nomination Committee has proposed Christian Kanstrup as a new member of the Board of Directors, prompting the company to plan an Extraordinary General Meeting. Kanstrup, with a strong background in the medtech sector and experience in the US market, is expected to bring strategic value to Sleep Cycle as it aims to reinforce its position as a global leader in digital sleep health.
The most recent analyst rating on (SE:SLEEP) stock is a Hold with a SEK29.00 price target. To see the full list of analyst forecasts on Sleep Cycle AB stock, see the SE:SLEEP Stock Forecast page.
More about Sleep Cycle AB
Sleep Cycle is a company focused on promoting healthy sleep through its app, which helps users develop beneficial sleep habits, identify sleep issues, and gain insights into their sleep patterns. The company uses patented sound technology and has analyzed over 3 billion sleep sessions to provide accurate and personalized guidance. Sleep Cycle also offers partnerships with businesses to expand their offerings with sleep solutions and insights. The company is listed on Nasdaq Stockholm and is headquartered in Gothenburg, Sweden.
Average Trading Volume: 31,959
Technical Sentiment Signal: Sell
Current Market Cap: SEK546.5M
See more data about SLEEP stock on TipRanks’ Stock Analysis page.