Date: Tuesday 28 Feb 2012
LONDON (ShareCast) - The share price of Craneware took flight and moved away from its 52-week low after the software supplier to the US health-care market announced a new contract win.
The deal will see an unnamed “channel supplier” pay Craneware $7.5m between now and June 30th, 2014, in exchange for multi-year licences for its work with Federal and State Healthcare facilities.
The news has come on the same day that Edinburgh headquartered Craneware reported half year revenues of $18.8m in the second six months of 2011, up 13% on the same point of 2011.
Adjusted earnings before interest, tax depreciation and amortisation came in at $4.7m; the equivalent figure for last year was $4.6m. Profit before tax fell from $4.3m in 2011 to $3.8m this year.
The proposed interim dividend is 4.8p per share, up from 4p in the previous six months.
Shares have risen spectacularly on news of the contract win. At 12:07 the stock was up 24% although over the past 12 months Craneware is still down by 35%, with much of the fall coming after the group announced in January the loss of a contract administered through a third party .
BS
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Currency | UK Pounds |
Share Price | 2,350.00p |
Change Today | -30.00p |
% Change | -1.26 % |
52 Week High | 2,470.00 |
52 Week Low | 1,330.00 |
Volume | 15,937 |
Shares Issued | 35.32m |
Market Cap | £829.99m |
RiskGrade | 185 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Strong Buy | 3 |
Buy | 1 |
Neutral | 0 |
Sell | 0 |
Strong Sell | 0 |
Total | 4 |
Latest | Previous | |
---|---|---|
Interim | Final | |
Ex-Div | 21-Mar-24 | 23-Nov-23 |
Paid | 15-Apr-24 | 15-Dec-23 |
Amount | 13.00p | 16.00p |
Time | Volume / Share Price |
16:35 | 770 @ 2,350.00p |
16:35 | 36 @ 2,350.00p |
16:35 | 494 @ 2,350.00p |
16:35 | 163 @ 2,350.00p |
16:35 | 12 @ 2,350.00p |
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