Gresham Technologies (GHT)

Sector:

IT Services

Index:

techMARK

160.00p
   
  • Change Today:
    -3.00p
  • 52 Week High: 163.00
  • 52 Week Low: 114.00
  • Currency: UK Pounds
  • Shares Issued: 83.87m
  • Volume: 112,176
  • Market Cap: £134.20m
  • RiskGrade: 80

Gresham Technologies sees strong demand continue throughout second half

By Iain Gilbert

Date: Wednesday 10 Oct 2018

LONDON (ShareCast) - (Sharecast News) - Gresham Technologies has seen a continued strong demand for its data integrity and control solutions so far in the second half of its trading year, inking deals with five new Clareti customers, three of which were located in the all-important US market.
In addition to the new deals, Gresham told investors on Wednesday that a number of existing users of Clareti, the firm's software platform designed to provide financial institutions with complete certainty in their data processing, had chosen to upgrade their subscriptions throughout the half.

Gresham said revenues for Clareti across the nine months ending 30 September jumped 16% ahead of the same period a year earlier, leading the company to up its investment in product innovation and business development.

So far in the half, the AIM-listed software outfit's Australian sub-contracting business signed contracts to deliver a minimum AUD $9m of services over a twelve-month period.

The group reminded investors that its ability to convert its pipeline of opportunities was "key" and revealed that it was actively engaged on a number of well advanced Clareti opportunities that it expects to contribute to the current financial year.

Gresham stated that it "remains confident" of its full-year outlook.

As of 1430 BST, Gresham shares had collected 1.26% to 159.99p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

GHT Market Data

Currency UK Pounds
Share Price 160.00p
Change Today -3.00p
% Change -1.84 %
52 Week High 163.00
52 Week Low 114.00
Volume 112,176
Shares Issued 83.87m
Market Cap £134.20m
RiskGrade 80

GHT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.39% below the market average95.39% below the market average95.39% below the market average95.39% below the market average95.39% below the market average
70.73% below the sector average70.73% below the sector average70.73% below the sector average70.73% below the sector average70.73% below the sector average
Price Trend
46.66% above the market average46.66% above the market average46.66% above the market average46.66% above the market average46.66% above the market average
31.87% above the sector average31.87% above the sector average31.87% above the sector average31.87% above the sector average31.87% above the sector average
Income
71.39% below the market average71.39% below the market average71.39% below the market average71.39% below the market average71.39% below the market average
73.33% below the sector average73.33% below the sector average73.33% below the sector average73.33% below the sector average73.33% below the sector average
Growth
72.00% above the market average72.00% above the market average72.00% above the market average72.00% above the market average72.00% 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

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

GHT Dividends

  Latest Previous
  Interim Final
Ex-Div 09-May-24 27-Apr-23
Paid 10-Jun-24 26-May-23
Amount 0.75p 0.75p

Trades for 07-May-2024

Time Volume / Share Price
16:17 50,000 @ 162.00p
16:37 1 @ 162.00p
16:35 1 @ 160.00p
16:35 1 @ 160.00p
16:05 8,000 @ 162.00p

GHT Key Personnel

CEO Ian Manocha

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