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TruFin ( (GB:TRU) ) has shared an announcement.
TruFin plc has acquired 2,480 of its own ordinary shares at an average price of 105.00 pence per share, with plans to cancel these shares. This transaction affects the total number of voting rights, which now stands at 102,083,198 shares, potentially impacting shareholder notifications 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 technology businesses focused on early payment provision, invoice finance, and mobile games publishing. It operates in niche markets and has been listed on AIM since February 2018 under the ticker TRU.
Average Trading Volume: 222,605
Technical Sentiment Signal: Buy
Current Market Cap: £118M
See more insights into TRU stock on TipRanks’ Stock Analysis page.