Chrysalis Investments Limited ( (GB:CHRY) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Chrysalis Investments Limited’s stock has been on the rise, primarily due to the company’s strategic share buybacks and a notable increase in its net asset value per share, thanks to strong portfolio performance and favorable foreign exchange movements. Key growth drivers include the expansion of Starling Bank and the potential IPO of Klarna. The company is also focused on narrowing the share price discount to NAV and plans to return £100 million to shareholders, highlighting its commitment to enhancing shareholder value.
More about Chrysalis Investments Limited
YTD Price Performance: -11.57%
Average Trading Volume: 2,079,758
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £526.5M
For further insights into CHRY stock on TipRanks’ Stock Analysis page.
See more of today’s top stock gainers and losers.