Latest Updates on Two LSE Stocks: Maestrano Group Plc & Rosneft Oil Company

February 18, 2020 11:32 AM GMT | By Kunal Sawhney
 Latest Updates on Two LSE Stocks: Maestrano Group Plc & Rosneft Oil Company

Maestrano Group Plc

Maestrano Group Plc (LON:ROSN) is United Kingdom-based software company that provides a cloud-based business Platform as a service for the medium to small businesses, accounting firms and banks. It has a cloud combination platform with cross-application data synchronisation to develop digital engagement with SMB. It’s master data management technology permits customers to gain access to real-time management data on the platform.

MNO - Updates

On 15th February 2020, the Maestrano Group Plc announced the start of its pilot project in Japan. The company secured the project through its newly acquired subsidiary, Air sight, and it is a paid pilot project.

As per the company information, the first buying request, from Nagoya Railroad Co. Ltd comprises of a two-month pilot project to investigate and collect the details from a segment of railway track in Nagoya, Japan. The high-resolution video and the imagery from Light Detection & Ranging will be handled by the Air sight Corridor.ai In-depth machine learning program, to automatically identify flaws in the overhead gantries, signals and powerlines.

The vice president sales for Maestrano and co-founder of Air sight, Nick Smith, stated that “they are pleased and proud to be launching this pilot project. Japan is today’s largest market for Light Detection & Ranging products, and they believe it can be a major market for Artificial Intelligence platform”.

The chief Executive of Maestrano Group Plc stated that “Japan has possibly the most complex and innovative infrastructure of the railway in the world. They expect that the achievement here will support to improve profile in the international asset management industry of the railway and position Corridor.ai as the world’s prominent automatic fault detection and management platform”.

MNO - Stock Price Performance

On 18th February 2020, by the time of writing this report, the stock of Maestrano Group Plc share was hovering at a price of GBX 2.45 per share on the London Stock Exchange, unchanged as of the closing price of the stock on the previous trading day.

At the time of writing, the market capitalisation of Maestrano Group Plc was £3.58 million with regards to the current market price of the stock. The free float and outstanding shares of Maestrano Group Plc were reported at 63.91 million and 146.09 million, respectively.

The share price of Maestrano Group Plc recorded at GBX 4.90 as on 28th February 2019 was its 1-year peak price, whereas the share price recorded at GBX 0.94 as on 11th July 2019 was the 1-year low share price. The current share price was lower by 50.0 per cent from the 1-year high price, whereas the current share price was higher by 160.63 per cent from the 1-year low price.

Rosneft Oil Company

Rosneft Oil Company (LON:ROSN) is the leader of the oil sector in Russia and one of the largest public gas and oil corporation in the world. Rosneft Oil Company mainly focus on appraisal and exploration of the production of oil, gas & gas condensate, hydrocarbon fields, feedstock processing, offshore field development projects, sales of gas, oil and refined products in Russia and abroad. The main aims and purposes of Rosneft Oil Company are the reserves replacement at the level of no less than 100 per cent, monetisation of gas reserves and competitive production growth, effective production at brownfields and its growth via opening up fresh projects, development of technologies and introduction of the best project management practices, formation of new off-shore manufacture hubs, selling company’s products at the highest profit and optimum purifying configuration.

ROSN - Updates

Rosneft Oil Company is now the participants of the global rating in the Water Resources Class under the Project of Carbon Disclosure, joining the prominent international gas & oil companies. After considering water management decisions, the company’s operations were designated the “B negative” rating, which relates to the international average.

A total of 2,435 companies participated in the rating, which includes 109 gas and oil companies from twenty-eight countries. It should be noted that no more than eighteen oil and gas companies (16.5 per cent of the total) accepted ratings in the upper range “A” through “B Negative”.

In January 2020, Rosneft Oil Company joined the prominent International gas & oil companies and participants of the international Climate Transformation Rating (previously, Carbon Disclosure Project) and delivered the most significant outcome among the participating Russian gas and oil companies. As a result of an autonomous assessment, Rosneft Oil Company was given the “B” rating which was the top among the participating Russian gas & oil companies and two levels higher than the average score of participating European companies.

In the year 2019, Rosneft Oil Company capability in environmental expansion was accepted Globally. The company was the participants of the highest achievements in ecological, social, and governance (ESG) transparency and performance in information disclosure. Rosneft Oil Company was also assessed well in environmental, social, and governance ratings by Refinitiv, Bloomberg, SAM (previously known as Robeco SAM), and in the CHRB human rights rating.

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ROSN - Stock Price Performance

On 18th February 2020, at around 10:22 AM (GMT), by the time of writing this report, the stock of Rosneft Oil company traded at a price of GBX 7.29 per share on the London Stock Exchange, a decrease in the value of around 0.25 per cent or GBX 0.018 per share, as opposed to the closing price of the stock on the previous trading day, which has been reported to be at GBX 7.31 per share.

At the time of writing, the market capitalisation of Rosneft Oil company was USD 77.64 billion with regards to the current market price of the stock. The free float and outstanding shares of Rosneft Oil company were reported at 10.49 billion and 10.60 billion, respectively.

The share price of Rosneft Oil company recorded at GBX 7.88 as on 20th January 2020 was its 1-year peak price, whereas the share price recorded at GBX 5.89 as on 08th March 2019 was the 1-year low share price. The current share price was lower by 7.48 per cent from the 1-year high price, whereas the current share price was higher by 23.76 per cent from the 1-year low price.

The beta of the stock has been reported at a value of 0.96, representing the fact that the movement of the share price of the company has less volatility as compared with the movement in the comparative benchmark index.


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