Huddled Group (HUD)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

2.86p
   
  • Change Today:
    -0.090p
  • 52 Week High: 4.05
  • 52 Week Low: 2.10
  • Currency: UK Pounds
  • Shares Issued: 320.40m
  • Volume: 136,034
  • Market Cap: £9.16m

Immotion opens Cardiff virtual reality centre, plans three more

By Josh White

Date: Wednesday 05 Sep 2018

LONDON (ShareCast) - (Sharecast News) - Immotion Group announced on Wednesday that, following the success of its existing virtual reality (VR) centres, it has opened an additional ImmotionVR centre at the Intu St Davids shopping centre in Cardiff.
The AIM-traded company also said it would open a further three ImmotionVR centres at Intu Derby, Intu Eldon Square in Newcastle, and Intu Uxbridge.

It said that when the new sites were all open, it would own-and-operate a total of seven outlets, in addition to the sites operated by concession partners.

Most of the outlets would be centre aisle attractions, although Immotion said Cardiff St David's had opened inside a shop space and would feature, alongside the VR cinema pods and guns, Immotion racing car simulators.

Following its initial success, the group's existing outlet in the Manchester Arndale was also set to be relocated to a more prominent site within the premises.

"We are incredibly excited to be working with intu to expand our portfolio of ImmotionVR outlets across its impressive portfolio of some of the UK's most popular shopping locations," said Immotion Group chief executive officer Martin Higginson.

"Riding on the success of our existing VR centres, this roll out will positively impact our revenues.

"We look forward to bringing more high quality VR experience centres to more consumers across the UK, many of whom are trying VR for the first time, in the coming months."

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Huddled Group Market Data

Currency UK Pounds
Share Price 2.86p
Change Today -0.090p
% Change -3.05 %
52 Week High 4.05
52 Week Low 2.10
Volume 136,034
Shares Issued 320.40m
Market Cap £9.16m

Huddled Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
7.35% above the market average7.35% above the market average7.35% above the market average7.35% above the market average7.35% above the market average
27.78% above the sector average27.78% above the sector average27.78% above the sector average27.78% above the sector average27.78% above the sector average
Price Trend
25.65% below the market average25.65% below the market average25.65% below the market average25.65% below the market average25.65% 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
52.57% above the market average52.57% above the market average52.57% above the market average52.57% above the market average52.57% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average

Huddled Group Dividends

No dividends found

Trades for 21-May-2024

Time Volume / Share Price
12:46 16,042 @ 3.07p
11:28 783 @ 3.07p
10:05 814 @ 3.07p
08:26 118,395 @ 3.07p

Huddled Group Key Personnel

CEO Martin Higginson
Finance Director Daniel Wortley

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