Allied Minds PLC (ALM) Set to Announce Earnings on Wednesday
Allied Minds PLC (LON:ALM) is scheduled to post its quarterly earnings results on Wednesday, August 23rd.
Allied Minds PLC (LON:ALM) opened at 160.00 on Wednesday. Allied Minds PLC has a one year low of GBX 127.96 and a one year high of GBX 475.00. The firm’s market capitalization is GBX 373.99 million. The stock’s 50 day moving average price is GBX 161.01 and its 200-day moving average price is GBX 229.24.
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In related news, insider Jill Smith acquired 71,211 shares of the company’s stock in a transaction on Monday, June 5th. The stock was purchased at an average cost of GBX 141 ($1.83) per share, with a total value of £100,407.51 ($130,348.58). Also, insider Michael Turner sold 215,270 shares of Allied Minds PLC stock in a transaction on Friday, June 9th. The shares were sold at an average price of GBX 139 ($1.80), for a total value of £299,225.30 ($388,452.94).
Several research firms recently weighed in on ALM. Jefferies Group LLC cut Allied Minds PLC to an “underperform” rating and dropped their price target for the stock from GBX 176 ($2.28) to GBX 124 ($1.61) in a report on Tuesday, August 1st. Numis Securities Ltd reissued a “hold” rating and set a GBX 165 ($2.14) price target on shares of Allied Minds PLC in a report on Wednesday, July 12th.
Allied Minds PLC Company Profile
Allied Minds PLC (Allied Minds) is an intellectual property (IP) commercialization company. The Company is focused on venture creation within the life science and technology sectors. With extensive access to hundreds of university and federal laboratories across the United States, Allied Minds forms, funds, and operates a portfolio of companies to generate long-term value for its investors and stakeholders.
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