What We Can Gather From the updates of These Three FTSE Stocks – Connect Group Plc, SthreePlc and dotDigital Group Plc?

What We Can Gather From the updates of These Three FTSE Stocks – Connect Group Plc, SthreePlc and dotDigital Group Plc?

Connect Group Plc

Connect Group Plc (LON: CNCT) is a Swindon, the United Kingdom based company that is engaged in the wholesaling of Newspapers as well as Magazines and is also involved in the business of mixed freight distribution. The company has three operating divisions, namely- Smiths News, which is one of the United Kingdom’s biggest news wholesaler and an experienced group when it comes to a large volume of early morning deliveries. This division operates throughout the year except for Christmas and is responsible for delivering almost 36 million pieces of newspapers in 364 days of the year. Tuffnells, operates as a B2B distributor, supporting both small as well as medium-term enterprises, with its expertise being the delivery of items with irregular shapes and sizes. The division is responsible for making around 25.5 million parcel deliveries every year. The corporate division of the company has the sole focus on increasing the value of the shareholders by maintaining and improving the operations of the company.

CNCT Latest News

On 7th November 2019, the company made a press release to report the sale of 2 properties as a part of the proposed sale and leaseback of the second tranche of Tuffnells Distribution Depots. The first property is the Belvedere, sold to Campus Overseas Corp. for consideration worth £4.8 million, plus an annual rental of £245,083 for a term of 10 years. The second property is the Carnforth, sold to Real Estate Investments Group Limited, for consideration of £370,000 and at an annual rental of £40,817 for a term of 20 years. The company reported that the proceeds from these two transactions would primarily be used to repay a revolving debt facility under its current debt facility agreement.

CNCT Stock Price Performance

(Source: Thomson Reuters) Daily Chart as at 26-November-19, prior to the market close

On 26th November 2019, at 08:30 A.M GMT, by the time of writing, Connect Group Plc’s stock price has been reported to be trading at GBX 28.9 per stock, no change in the price of the stock, in comparison to the previous day’s closing price. At the time of reporting, the Connect Group Plc stock was trading 5.09 per cent above the 52-week low stock price, which was at GBX 27.50 per stock, that the company’s stocks reached on November 14, 2019. At the present price, the stock was also trading 37.70 per cent below the 52-week high price of GBX 46.39, which the company’s stock achieved on January 11, 2019. Connect Group Plc’s Market capitalisation (M-Cap) has been reported to be at GBP 71.57 million.

The company’s stock has given a negative return of 22.42 per cent in value, in the last one year, from the price of GBX 37.25 that the stocks achieved on November 26, 2018.

The beta of the Connect Group Plc’s stock was reported to be at 0.75. This implies that the stock price movement of the company is less volatile, in comparison to the benchmark market index’s movement.

Sthree Plc

Sthree Plc (LON: STEM) is a London; the United Kingdom headquartered global recruitment and staffing service provider. The company offers expert recruitment services for the STEM (science, technology, engineering and mathematics) industries. The group provides contract and permanent staff to diversified sectors, including banking and finance, energy, life sciences, engineering, and ICT (information and communication technology). The company’s staffing business is differentiated in four geographical divisions which are Continental Europe, Asia Pacific & Middle East, the United Kingdom & Ireland (UK&I), and the United States of America. The company also provides resources to support its products with contractor services. The company’s brands include the likes of Computerfuture, Progressive, Huxley, Real, Orgtel, JP Gray, etc.

STEM Latest News

During mid of November, on 20th, 21st and 22nd November, the company made three subsequent press releases to announce a flurry of updates. On 20th November 2019, the company notified that it would be announcing a trading update for the fiscal year ending on 30th November 2019 on 12th November 2019. The company reported that this had been changed from the previously notified date of 13h December 2019. On 21st November 2019, the company, as a part of the 2019 Capital Market’s day, presented its vision, purpose, financial model, strategy for the business as well as the company’s ambitions up until the year 2024. On 22nd November 2019, the company made another important press release to announce the change of its ticker symbol for the London Stock Exchange from “STHR” to “STEM”.

STEM Stock Price Performance

(Source: Thomson Reuters) Daily Chart as at 26-November-19, prior to the market close

On 26th November 2019, at 08:30 A.M GMT, by the time of writing, Sthree Plc’s stock price has been reported to be trading at GBX 318.8 per stock, a decrease of 0.99 per cent or GBX 3.2 per stock, as compared to the previous day’s closing price, which was reported to be at GBX 322.00 per stock. At the time of reporting, the Sthree Plc stock was reported to be trading 30.12 per cent above the 52-week low price, which was at GBX 245.00, that the company’s stocks reached on December 28, 2018. At the present price, the stock was also trading 0.99 per cent below the 52-week high price at GBX 322.00 per stock, which the company’s stock achieved on November 25, 2019. Sthree Plc’s Market capitalisation (M-Cap) has been reported to be at GBP 426.39 million.

The company’s stock has given a positive return of 3.34 per cent in value since the change in the company’s ticker symbol as on November 26, 2018, from the price of GBX 308.50 per stock.

The beta of the Sthree Plc’s stock was reported to be at 0.75. This implies that the stock price movement of the company is less volatile, in comparison to the benchmark market index’s movement.

dotDigital Plc

dotDigital Plc (LON: DOTD) is a Croydon, the United Kingdom based software and computer services company that is engaged in the business of providing Software as a service (SaaS) as well as other computer-based services to digital marketing companies and experts. The company’s technology integrates with important management systems, such as the clients’ e-commerce platforms and Customer Relationship Management systems, giving access to rich insights as well as real time analytics, a key benefit in today’s customer-focused business environment. The company’s platform basically integrates tools like Microsoft Dynamics, Shopify, Magneto as well as other CRM and E- commerce systems with the traditional marketing tools like Email, SMS and Ads through its Engagement Cloud, which is its flagship product to empower its clients with data driven programmed campaigns. The list of the company’s clients includes the likes of habitat, ice-lolly, Rics, Paul Smith and Monin.

DOTD Financial Performance

On 15th October 2019, the company announced its final results for the year ended 30th June 2019. The company reported that its revenue was up by around 19 per cent year on year from £43.1 million in 2018 to £51.3 million in 2019. This was majorly driven by the organic revenue growth from the core business, which grew by around 15 per cent. The company also reported that the Adjusted EBITDA from continuing operations was up by 24 per cent year on year to £14.7 million during the reported period. This performance, during the period, was capped off by an excellent 33 per cent year on year growth in the Adjusted earnings per share which stood at GBX 3.88 per share at the end of the year, compared to GBX 2.91 per share in the previous year.

DOTD Stock Price Performance

(Source: Thomson Reuters) Daily Chart as at 26-November-19, prior to the market close

On 26th November 2019, at 08:40 A.M GMT, by the time of writing, dotDigital Plc’s stock price has been reported to be trading at GBX 92.90 per stock, an increase of 0.98 per cent or GBX 0.9 per stock, as compared to the previous day’s closing price, which was GBX 92.00 per stock. At the time of reporting, the dotDigital Plc stock was trading 28.14 per cent above the 52-week low stock price, which was at GBX 72.50, that the company’s stocks reached on December 20, 2018. At the present price, the stock was also trading 18.51 per cent below the 52-week high price at GBX 114.00, which the company’s stock achieved on June 17, 2019. dotDigital Plc’s Market capitalisation (M-Cap) has been reported to be at GBP 273.58 million.

The company’s stock has given a positive return of 13.29 per cent in value, in the last one year, from the price of GBX 82.00 that the stocks achieved on November 26, 2018.

The beta of the dotDigital Plc’s stock was reported to be at 1.16. This implies that the stock price movement of the company is more volatile, in comparison to the benchmark market index’s movement.

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