Gentrack Sees Increased Investment from Milford Asset Management

Gentrack Group Ltd ( (AU:GTK) ) has issued an announcement.

Gentrack Group Ltd announced a change in the substantial holding of its ordinary shares by Milford Asset Management Limited, which now holds 11.031% of the shares, up from 9.893%. This change reflects Milford’s increased investment in Gentrack, potentially signaling confidence in the company’s strategic direction and market position.

More about Gentrack Group Ltd

Gentrack Group Ltd is a company that has been partnering with leading utilities worldwide for over 35 years, providing solutions to more than 60 energy and water companies. The company, in collaboration with Salesforce and AWS, offers g2.0, an end-to-end product-to-profit solution designed to help utilities launch new propositions quickly, reduce costs, and enhance total experience using low code/no code and composable technology.

YTD Price Performance: -18.55%

Average Trading Volume: 101,169

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$1.02B

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