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TruFin ( (GB:TRU) ) has issued an update.
TruFin plc announced the acquisition of 90,000 of its own ordinary shares at an average price of 98.00 pence per share, with plans to cancel these shares. This transaction affects the total number of shares with voting rights, now standing at 103,064,449, which shareholders can use to determine their notification requirements under the Financial Conduct Authority’s rules.
Spark’s Take on GB:TRU Stock
According to Spark, TipRanks’ AI Analyst, GB:TRU is a Outperform.
The overall stock score of 74 reflects TruFin’s strong financial turnaround, supported by robust revenue and cash flow growth, and strategic share buybacks. Technical analysis suggests caution due to overbought signals, and the moderate valuation presents a balanced risk-reward profile.
To see Spark’s full report on GB:TRU stock, click here.
More about TruFin
TruFin plc is a holding company for three growth-focused technology businesses specializing in early payment provision, invoice finance, and mobile games publishing. The company, which was admitted to AIM in February 2018, operates in niche markets and trades under the ticker symbol TRU.
Average Trading Volume: 203,702
Technical Sentiment Signal: Buy
Current Market Cap: £101.8M
Find detailed analytics on TRU stock on TipRanks’ Stock Analysis page.