The below-mentioned stocks have experienced a significant increase in their share prices today (i.e., 2 April 2019). Let's take a closer look at the recent updates of these stocks-
Bigtincan Holdings Limited (ASX: BTH)
Leading provider of Sales Enablement Automation software, Bigtincan Holdings Limited (ASX: BTH) has witnessed an improvement of 16.304% in its share price today.
At the release of its 1H FY19 results, the company had provided guidance for the full year FY19 which was on track for year on year (YoY) revenue growth of 35-40%. However, today the company announced that it is expecting YoY revenue growth for FY19 to be in excess of 40%.
Recently the company also announced the launch of the industry’s first sales enablement platform for Adobe at the 2019 Adobe Summit.
On the stock performance front, the share price of the company increased by 39.39% in the past six months. At the time of writing, i.e., on 2nd April 2019, the stock of the company was trading at a price of A$0.535, up by 16.304%% during the day’s trade with the market capitalisation of ~A$102.25 Mn.
Marenica Energy Ltd (ASX: MEY)
Australian listed exploration company, Marenica Energy Ltd’s (ASX: MEY) shares were up by 25% today.
The company recently announced that it has been granted exclusive prospecting licence 6987 in Namibia which is an exciting and strategic development for the Company. This license covers part of the eastern extension of the Tumas palaeochannel and it is the first of the company’s EPL applications which is granted in the greater Namib Project region.
For the half year ended 31 December 2019, the company reported a loss of $648,458.
On the stock performance front, the share price of the company increased by 5.26% in the past six months. At the time of writing, i.e., on 2nd April 2019, the stock of the company was trading at a price of A$0.125, up by 25%% during the day’s trade with the market capitalisation of ~A$7.32 Mn.
XPD Soccer Gear Group Limited (ASX: XPD)
XPD Soccer Gear Group Limited (ASX: XPD) is involved in designing, developing, manufacturing, distributing and marketing sportswear with a focus on soccer boots under the “XPD” brand. Although the company has not released any price sensitive information today, the share prices of the company were up by 25% in the intraday trade.
The company has recently released its Annual report for FY 2018 in which it has reported a growth of 14.5% in its Net profit after income tax which reached to $9.7 million. However, the company’s sales revenue by 22.4% to $89.5 million as compared to the previous corresponding period, driven by lower pricing and competition for sales in the soccer wear market in China.
On the stock performance front, the share price of the company decreased by 56.76% in the past six months. At the time of writing, i.e., on 2nd April 2019, the stock of the company was trading at a price of A$0.020, up by 25%% during the day’s trade with the market capitalisation of ~A$7.01 Mn.
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