GWA Group Limited ( (AU:GWA) ) has provided an update.
Spheria Asset Management Pty Ltd has reduced its voting power in GWA Group Limited from 7.87% to 6.82%, indicating a decrease in its substantial holding of the company’s shares. This change in shareholding may influence GWA Group’s market dynamics and stakeholder perceptions, potentially affecting its strategic decisions and investor relations.
More about GWA Group Limited
GWA Group Limited operates in the building fixtures and fittings industry, primarily focusing on the design and supply of products such as bathroom and kitchen fixtures. The company targets the residential and commercial construction markets, providing essential components for building projects.
YTD Price Performance: 4.39%
Average Trading Volume: 194,699
Technical Sentiment Signal: Sell
Current Market Cap: A$649.8M
For a thorough assessment of GWA stock, go to TipRanks’ Stock Analysis page.