Beaufort Securities Reiterates “Speculative Buy” Rating for Rosslyn Data Technologies PLC (RDT)
Rosslyn Data Technologies PLC (LON:RDT)‘s stock had its “speculative buy” rating reaffirmed by equities researchers at Beaufort Securities in a report issued on Monday. They currently have a GBX 24 ($0.31) price objective on the stock. Beaufort Securities’ price objective points to a potential upside of 128.57% from the company’s previous close.
Shares of Rosslyn Data Technologies PLC (LON:RDT) opened at 9.70 on Monday. Rosslyn Data Technologies PLC has a 1-year low of GBX 8.00 and a 1-year high of GBX 17.90. The firm’s market capitalization is GBX 7.32 million. The company has a 50-day moving average of GBX 9.76 and a 200-day moving average of GBX 9.89.
In related news, insider Quinn,Bernard (Barney) bought 200,000 shares of the firm’s stock in a transaction on Tuesday, July 12th. The shares were bought at an average price of GBX 10 ($0.13) per share, with a total value of £20,000 ($26,106.25).
Rosslyn Data Technologies PLC Company Profile
Rosslyn Data Technologies plc is a United Kingdom-based company engaged in the development and provision of data analytics software. The Company has developed RAPid, an advanced, relational database built on Microsoft Structured Query Language Server. The Company’s technology has been designed specifically for business users to access complex data and turn it into meaningful information through the RAPid Big Data Cloud Analytics Platform.
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