Fireangel Safety Technology Group (FA.)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

 4.25p
   
  • Change Today:
      0.000p
  • 52 Week High: 8.00
  • 52 Week Low: 2.10
  • Currency: UK Pounds
  • Shares Issued: 302.32m
  • Volume: 15,939
  • Market Cap: £12.85m

FireAngel confirms safety technology partnership with Ealing Council

By Josh White

Date: Tuesday 24 Nov 2020

LONDON (ShareCast) - (Sharecast News) - Home safety products company FireAngel announced an 'internet-of-things' (IoT) rollout partnership with the London Borough of Ealing on Tuesday.
The AIM-traded firm had announced on 30 June that it received a material initial purchase order for its first large-scale connected homes technology rollout for a large London borough council.

It confirmed the order as coming from Ealing Council on Tuesday, adding that the council was undertaking a "significant programme" of regeneration for many of its properties and estates.

As part of the plans, it partnered with FireAngel to implement "one of the biggest" IoT rollouts of its kind by a UK social housing provider.

FireAngel said the use of its connected technology would eliminate much of the costly requirement to gain physical access to properties, as data would be transmitted wirelessly in real-time through a secure cloud network.

"The interview in Housing Technology magazine showcases FireAngel's unique technology and clearly articulates the benefits available to social housing landlords in deploying our affordable solution," said executive chairman John Conoley.

"As previously announced, the Ealing rollout is on track to commence this month, with installation of the network backbone followed by the installation of alarms in individual flats."

At 1420 GMT, shares in FireAngel Safety Technology Group were up 3.5% at 11.38p.

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FA. Market Data

Currency UK Pounds
Share Price 4.25p
Change Today 0.000p
% Change 0.00 %
52 Week High 8.00
52 Week Low 2.10
Volume 15,939
Shares Issued 302.32m
Market Cap £12.85m

FA. Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
36.37% above the market average36.37% above the market average36.37% above the market average36.37% above the market average36.37% above the market average
23.53% above the sector average23.53% above the sector average23.53% above the sector average23.53% above the sector average23.53% above the sector average
Price Trend
26.75% below the market average26.75% below the market average26.75% below the market average26.75% below the market average26.75% below the market average
23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average
Income Not Available
Growth
10.92% above the market average10.92% above the market average10.92% above the market average10.92% above the market average10.92% above the market average
41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average

FA. Dividends

  Latest Previous
  Interim Final
Ex-Div 12-Oct-17 22-Jun-17
Paid 27-Oct-17 07-Jul-17
Amount 2.50p 5.50p

Trades for 26-Apr-2024

Time Volume / Share Price
16:04 8,939 @ 3.90p
14:07 7,000 @ 3.90p

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