Huddled Group (HUD)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

3.14p
   
  • Change Today:
      0.040p
  • 52 Week High: 3.95
  • 52 Week Low: 2.35
  • Currency: UK Pounds
  • Shares Issued: 321.32m
  • Volume: 96,201
  • Market Cap: £10.09m
  • Beta: 0.77

Immotion lands three-year deal for hit VR game

By Duncan Ferris

Date: Friday 14 Jun 2019

LONDON (ShareCast) - (Sharecast News) - Immotion Group on Friday secured an agreement with game developer Survios that will see the studio's hit interactive virtual reality game Raw Data installed into Immotion's new VR Arena product.
The three-year partnership deal sees Raw Data offered as a multi-player VR arena version for the very first time in the 'out of home' market, though the science fiction-themed first-person shooter was initially released in July 2016 and became the first consumer VR game to reach $1m in monthly sales.

Four players will be able to play and compete with one another in-game when they step into Immotion's 4mx4m Arena experience enclosure after the project launches in early July.

Martin Higginson, chief executive of Immotion, said: "We have been working on our VR Arena for some months, and to have exclusivity on such an iconic game as 'Raw Data' is a major coup for Immotion, further underpinning our position as global leaders in the 'out of home' VR market. We continue to focus on growing our partnership model with high footfall edutainment and leisure partners."

Higginson added that the AIM traded company would be announcing partnerships with major destinations for the launch of its VR Arena in the coming weeks.

Immotion Group's shares were up 4.58% at 11.08p at 0912 BST.

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Huddled Group Market Data

Currency UK Pounds
Share Price 3.14p
Change Today 0.040p
% Change 1.29 %
52 Week High 3.95
52 Week Low 2.35
Volume 96,201
Shares Issued 321.32m
Market Cap £10.09m
Beta 0.77

Huddled Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
6.23% below the market average6.23% below the market average6.23% below the market average6.23% below the market average6.23% below the market average
31.43% above the sector average31.43% above the sector average31.43% above the sector average31.43% above the sector average31.43% above the sector average
Price Trend
68.80% above the market average68.80% above the market average68.80% above the market average68.80% above the market average68.80% above the market average
78.38% above the sector average78.38% above the sector average78.38% above the sector average78.38% above the sector average78.38% above the sector average
Income Not Available
Growth
57.45% above the market average57.45% above the market average57.45% above the market average57.45% above the market average57.45% above the market average
69.70% above the sector average69.70% above the sector average69.70% above the sector average69.70% above the sector average69.70% above the sector average

Huddled Group Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
16:14 32,129 @ 3.10p
08:51 14,072 @ 3.03p

Huddled Group Key Personnel

CEO Martin Higginson
Finance Director Daniel Wortley

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