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An update from TruFin ( (GB:TRU) ) is now available.
TruFin plc announced the acquisition of 50,000 of its own ordinary shares from the market at an average price of 112.70 pence per share, with plans to cancel these shares. This transaction affects the total number of ordinary shares with voting rights, now totaling 101,900,417, which shareholders can use to calculate their interest in the company under the Financial Conduct Authority’s rules.
The most recent analyst rating on (GB:TRU) stock is a Buy with a £132.00 price target. To see the full list of analyst forecasts on TruFin stock, see the GB:TRU Stock Forecast page.
Spark’s Take on GB:TRU Stock
According to Spark, TipRanks’ AI Analyst, GB:TRU is a Outperform.
TruFin’s strong financial performance and positive corporate events are the most significant factors driving the stock score. The technical analysis supports a bullish outlook, although valuation concerns slightly temper the overall score. The absence of earnings call data does not impact the assessment.
To see Spark’s full report on GB:TRU stock, click here.
More about TruFin
TruFin plc is a holding company overseeing three growth-focused technology businesses that operate in niche markets, including early payment provision, invoice finance, and mobile games publishing. The company was admitted to AIM in February 2018 and trades under the ticker symbol TRU.
YTD Price Performance: 36.14%
Average Trading Volume: 251,595
Technical Sentiment Signal: Buy
Current Market Cap: £115.2M
See more insights into TRU stock on TipRanks’ Stock Analysis page.