Artilium plc (ARTA) Sets New 12-Month High at $10.50

Artilium plc (LON:ARTA)’s share price reached a new 52-week high on Tuesday . The stock traded as high as GBX 10.50 ($0.14) and last traded at GBX 10.50 ($0.14), with a volume of 439,973 shares. The stock had previously closed at GBX 9.75 ($0.13).

Separately, FinnCap reissued a “corporate” rating and set a GBX 12 ($0.16) price objective on shares of Artilium plc in a research report on Tuesday.

The company’s market cap is GBX 31.75 million. The firm’s 50 day moving average is GBX 8.51 and its 200-day moving average is GBX 7.71.

In other news, insider Bart Weijermars acquired 1,560,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 2nd. The shares were acquired at an average cost of GBX 8 ($0.11) per share, with a total value of £124,800 ($164,687.25).

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Artilium plc Company Profile

Artilium plc is a United Kingdom-based provider of telecommunication software and solutions. The Company’s segments include Artilium, United Telecom and Comsys. The Company’s Artilium provides mobile telecommunications software to network operators and enablers. Its core product is ARTA Mobile Applications Platform, which enables network operators to open networks to third party developers and launch new services, which feature elements from the telecoms and Web environments.

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