Blancco Technology Group’s (BLTG) “Buy” Rating Reaffirmed at Peel Hunt

Peel Hunt reiterated their buy rating on shares of Blancco Technology Group (LON:BLTG) in a research note issued to investors on Friday.

Shares of BLTG stock opened at GBX 109 ($1.42) on Friday. Blancco Technology Group has a 52 week low of GBX 48 ($0.63) and a 52 week high of GBX 252.45 ($3.30).

In related news, insider Adam Moloney bought 18,000 shares of the firm’s stock in a transaction on Thursday, November 8th. The stock was bought at an average cost of GBX 105 ($1.37) per share, for a total transaction of £18,900 ($24,696.20).

Blancco Technology Group Company Profile

Blancco Technology Group plc provides mobile device diagnostics and secure data erasure solutions worldwide. It operates through two segments, Erasure and Diagnostic. The company offers Blancco Drive Eraser, which erases sensitive data from HDDs and complex SSDs in PC desktop computers, laptops, and servers; Blancco Mobile Device Eraser that erases data from smartphones and tablets running on iOS, Android, Windows Phone, and BlackBerry operating systems; Blancco File Eraser, which erases sensitive files and folders from PC desktop computers, laptops, and servers; and Blancco Removable Media Eraser that erases data from removable media, including USB drives, SD cards, micro drives, compactflash cards, and other flash memory storage devices.

Further Reading: Swap

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