Science ( (GB:SAG) ) has issued an announcement.
Science Group PLC has increased its stake in Ricardo plc to over 20%, marking a strategic milestone achieved in a short period. This investment comes amid concerns about Ricardo’s poor operating performance and governance issues, with Science Group advocating for a realignment of Ricardo’s board to better address current market challenges and prioritize shareholder interests.
More about Science
Science Group PLC operates in the strategic investment industry, focusing on acquiring significant shareholdings in companies to influence their governance and strategic direction. The company maintains substantial cash reserves and credit facilities to support its investment activities.
YTD Price Performance: -10.15%
Average Trading Volume: 27,962
Technical Sentiment Signal: Sell
Current Market Cap: £192M
Learn more about SAG stock on TipRanks’ Stock Analysis page.