ReadCloud Ltd. ( (AU:RCL) ) just unveiled an update.
ReadCloud Limited announced a change in director interests, with Director Lars Lindstrom selling 2 million shares, reducing his stake to 4.99%. Meanwhile, other directors plan to increase their investment by exercising options. This shift in shareholding reflects strategic moves within the company, potentially impacting its market positioning and signaling confidence in its future prospects.
More about ReadCloud Ltd.
ReadCloud is a leading provider of eLearning software solutions and training, supporting schools and educational institutions. The company’s eReader platform offers an engaging and collaborative learning environment with access to interactive digital content, benefiting both teachers and students. ReadCloudVET delivers vocational education and training to secondary school students, and the company has strong industry connections, particularly in flexible and blended training models through Southern Solutions Training Services.
YTD Price Performance: 37.50%
Average Trading Volume: 65,146
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$16.36M
Find detailed analytics on RCL stock on TipRanks’ Stock Analysis page.