Hunting ( (GB:HTG) ) has issued an update.
Hunting PLC announced the results of its Annual General Meeting held on April 16, 2025, where all resolutions, including ordinary and special resolutions, were passed by the required majority. The resolutions covered various aspects such as the approval of the 2024 Annual Report, re-election of directors, and authorization of share allotments and market purchases. The voting process was conducted by poll, with a total of 72.65% of the issued share capital participating. These results reinforce the company’s governance and strategic direction, potentially impacting its market positioning and stakeholder confidence.
Spark’s Take on GB:HTG Stock
According to Spark, TipRanks’ AI Analyst, GB:HTG is a Neutral.
Hunting PLC’s overall stock score of 56 reflects a mixed financial performance with strong revenue growth but profitability challenges. Technical analysis indicates bearish trends, while valuation is complicated by a negative P/E ratio despite a reasonable dividend yield. Positive corporate events, including significant contract wins and executive share purchases, provide some optimism for future performance.
To see Spark’s full report on GB:HTG stock, click here.
More about Hunting
Hunting PLC is a global engineering group that provides precision-engineered equipment and premium services. Established in 1874, it is a premium listed public company traded on the London Stock Exchange. The company has a corporate office in Houston and is headquartered in London, with principal operations in Canada, China, Indonesia, Mexico, Netherlands, Saudi Arabia, Singapore, United Arab Emirates, and the United States. Hunting PLC reports in US dollars across five operating segments: Hunting Titan, North America, Subsea Technologies, Europe, Middle East and Africa (EMEA), and Asia Pacific.
YTD Price Performance: -8.19%
Average Trading Volume: 556,748
Technical Sentiment Signal: Buy
Current Market Cap: £414.1M
See more insights into HTG stock on TipRanks’ Stock Analysis page.