Tekcapital (TEK)

Sector:

IT Services

Index:

FTSE AIM All-Share

7.90p
   
  • Change Today:
    -0.25p
  • 52 Week High: 17.00p
  • 52 Week Low: 6.00p
  • Currency: UK Pounds
  • Shares Issued: 211.52m
  • Volume: 1,263,985
  • Market Cap: £16.71m
  • Beta: 1.79

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Tekcapital's MicroSalt to be stocked by US grocer Hannaford

By Josh White

Date: Wednesday 21 Dec 2022

LONDON (ShareCast) - (Sharecast News) - Intellectual property investor Tekcapital announced on Wednesday that northeastern US grocery chain Hannaford Brothers has agreed to stock both sizes of MicroSalt's new table-top shakers.
The AIM-traded firm said its investee MicroSalt provides a "much-needed option", allowing food manufacturers and consumers to cut the sodium content of their food without impacting flavour.

"We are extremely excited that Hannaford Brothers has joined with us to provide low sodium solutions to its customers," said MicroSalt chief executive officer Rick Guiney.

"This is a tremendous step in our march toward reducing excess sodium in the average diet.

"Our take-home shakers will let people salt their food to taste without excess sodium."

Tekcapital owns 97.2% of the share capital of MicroSalt, and 73% of its United States subsidiary.

At 1236 GMT, shares in Tekcapital were up 7.46% at 18p.

Reporting by Josh White for Sharecast.com.

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Tekcapital Market Data

Currency UK Pounds
Share Price 7.90p
Change Today -0.25p
% Change -3.07 %
52 Week High 17.00p
52 Week Low 6.00p
Volume 1,263,985
Shares Issued 211.52m
Market Cap £16.71m
Beta 1.79

Tekcapital Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
16.76% above the market average16.76% above the market average16.76% above the market average16.76% above the market average16.76% 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
Price Trend
49.52% below the market average49.52% below the market average49.52% below the market average49.52% below the market average49.52% below the market average
56.32% below the sector average56.32% below the sector average56.32% below the sector average56.32% below the sector average56.32% below the sector average
Income Not Available
Growth
3.65% above the market average3.65% above the market average3.65% above the market average3.65% above the market average3.65% above the market average
7.50% above the sector average7.50% above the sector average7.50% above the sector average7.50% above the sector average7.50% above the sector average

Tekcapital Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
16:22 120,000 @ 7.71p
16:14 23 @ 8.30p
16:13 25,000 @ 8.01p
16:08 25,000 @ 8.10p
15:46 34,161 @ 8.10p

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