Canaccord Genuity Reaffirms “Buy” Rating for Attraqt Group (LON:ATQT)

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Canaccord Genuity reaffirmed their buy rating on shares of Attraqt Group (LON:ATQT) in a report released on Monday morning, Digital Look reports. The firm currently has a GBX 55 ($0.72) price objective on the stock.

Attraqt Group stock remained flat at $GBX 35 ($0.46) during mid-day trading on Monday. The company’s stock had a trading volume of 1,500,000 shares, compared to its average volume of 132,589. Attraqt Group has a 1-year low of GBX 24 ($0.31) and a 1-year high of GBX 36.89 ($0.48). The firm’s 50-day moving average price is GBX 34.19. The company has a market cap of $63.02 million and a PE ratio of -13.46.

Attraqt Group Company Profile

ATTRAQT Group plc, together with its subsidiaries, develops and provides a cloud-based e-commerce platform for visual merchandising and search services to online retailers in the United Kingdom, other European countries, North America, and internationally. Its software as a service platform enhances the conversion of browsers into buyers through onsite search, online merchandising, and e-commerce personalization for online retailers.

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