FinnCap Reiterates “Corporate” Rating for 7Digital Group PLC (7DIG)
7Digital Group PLC (LON:7DIG)‘s stock had its “corporate” rating reaffirmed by research analysts at FinnCap in a report issued on Monday. They currently have a GBX 16 ($0.20) price objective on the stock. FinnCap’s target price points to a potential upside of 137.04% from the stock’s previous close.
Shares of 7Digital Group PLC (LON:7DIG) opened at 6.90 on Monday. 7Digital Group PLC has a one year low of GBX 5.00 and a one year high of GBX 16.88. The company’s 50-day moving average price is GBX 5.96 and its 200 day moving average price is GBX 6.47. The company’s market cap is GBX 8.21 million.
In other 7Digital Group PLC news, insider Matt Honey acquired 143,125 shares of the business’s stock in a transaction dated Friday, September 23rd. The shares were purchased at an average cost of GBX 5 ($0.06) per share, for a total transaction of £7,156.25 ($8,940.84). Also, insider Honey,Matt acquired 200,000 shares of the business’s stock in a transaction dated Thursday, September 22nd. The stock was acquired at an average price of GBX 5 ($0.06) per share, for a total transaction of £10,000 ($12,493.75).
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7Digital Group PLC Company Profile
7digital Group plc, formerly UBC Media Group plc, is a business-to-business digital music and radio services company. The Company is engaged in the provision of technical infrastructure and music rights used to create music streaming and radio services for a range of customers, including consumer brands, mobile carriers, broadcasters, automotive systems, record labels, artists and retailers.
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