Today (6/25) its stock recorded its best session since the end of May Intralot at the Athens Stock Exchangewhile an attempt to “brake” the doubling of recent weeks is visible.
More specifically, shortly after 2:30 p.m., the listed company’s security rises almost 5.5%making him recover 1.15 euros -for the first time after 20 days.
Today’s jump is actually accompanied by “lively” transactional turnoveras 1.1 million pieces have been transacted to date, worth 1.2 million euros.
Just before 1pm, another “passed by”. pre-agreed package, worth 115,200 euros or 100,000 pieces, at a price of 1,152 euros/share.
Stop editing?
The daily increase of 5.5% contributes to stopping previous pressureswith the stock having loses 6.5% of its value in the previous 30 days, “scissors” in +4% on this year’s change.
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And this, while Intralot rose up to 1.26 euros at the beginning of March, that is, at highest level since 2018. Since then a following 10% correctionwhich raised the stock to €1.01.
90% rally
All this, of course, happens in the shadow of an impressive twist story, which began with the capital raise last fall and continued with the return of shares to the Main Market.
It is no coincidence that Intralot’s 12-month variation is still exceeds +90%with the company’s market value estimated at around 700 million euros.
For year of use 2023net profitability reached 5.8 million euros, with EBITDA results reaching 130 million euros, an increase of 5.4% compared to 2022. Regarding the first quarter of 2024, Intralot announced an EBITDA of 30.1 million euros and a net profit of 3.9 million euros.
It should be noted that at the beginning of the year, Ambrósia Capital had given a 12-month target price of 1.55 euros.
Intralot’s main shareholder is General Standard with a percentage of 26.8%, followed by Socrates Kokkalis with 20.5%, h Intracom Holdings with 7.1% and Intesa Sanpaolo with 5%.
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(The text above is the product of journalistic research and does not constitute an invitation to buy, sell or hold any share)