Chrysalis Investments Limited ( (GB:CHRY) ) has shared an update.
Chrysalis Investments Limited has repurchased 250,000 of its ordinary shares at a weighted average price of £0.93313 as part of its ongoing share buyback programme. This transaction, executed through Deutsche Numis, results in the company holding a total of 57,428,261 shares in treasury, impacting the total number of shares in issue and potentially influencing shareholder calculations under the Financial Conduct Authority’s rules.
Spark’s Take on GB:CHRY Stock
According to Spark, TipRanks’ AI Analyst, GB:CHRY is a Neutral.
Chrysalis Investments Limited demonstrates solid financial stability with a strong equity base and recent improvements in profitability and cash flow. Despite historical volatility and asset base contraction, the company is effectively managing its portfolio through strategic disposals and buybacks, enhancing liquidity and shareholder value. However, mixed technical indicators and the absence of a dividend yield somewhat limit the stock’s appeal. The overall score reflects a balanced view of these factors.
To see Spark’s full report on GB:CHRY stock, click here.
More about Chrysalis Investments Limited
Chrysalis Investments Limited is an alternative investment fund focusing on innovative investment strategies. The company operates under the guidance of an authorized alternative investment fund manager, G10 Capital Limited, part of the IQEQ Group.
YTD Price Performance: -13.80%
Average Trading Volume: 1,548,244
Technical Sentiment Signal: Sell
Current Market Cap: £494.1M
For a thorough assessment of CHRY stock, go to TipRanks’ Stock Analysis page.