WANdisco (WAND)

Sector:

IT Services

Index:

FTSE AIM 100

550.00p
   
  • Change Today:
    -10.00p
  • 52 Week High: 781.00p
  • 52 Week Low: 340.00p
  • Currency: UK Pounds
  • Shares Issued: 45.12m
  • Volume: 50,268
  • Market Cap: £248.19m

Wandisco inks deal with Chinese handset manufacturer

By Iain Gilbert

Date: Wednesday 26 Jun 2019

LONDON (ShareCast) - (Sharecast News) - Live data company Wandisco has secured a contract with an unnamed Chinese manufacturer valued at approximately $750,000.
The contract will see Wandisco's patented Fusion platform be deployed by its mystery client, one of the "largest manufacturers of mobile handsets in the world".

Wandisco's contract was a limited perpetual license, with the opportunity for growth over time, as the client's dataset expands in line with its expansion in the global handset market.

The AIM-listed group noted that the contract was the second deal secured directly by the company in the region this year, reflecting growing demand in China for its solutions.

Chief executive David Richards said: "We are seeing great promise in the China region, which has adopted data on a mass scale to address the unique challenges of serving a 1.4bn population.

"Despite China being a complex and often challenging market, we are seeing strong interest in our Fusion technology throughout the region."

As of 0845 BST, Wandisco shares had dipped 0.11% to 441p.

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WANdisco Market Data

Currency UK Pounds
Share Price 550.00p
Change Today -10.00p
% Change -1.79 %
52 Week High 781.00p
52 Week Low 340.00p
Volume 50,268
Shares Issued 45.12m
Market Cap £248.19m

WANdisco Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
34.01% below the market average34.01% below the market average34.01% below the market average34.01% below the market average34.01% below the market average
46% below the sector average46% below the sector average46% below the sector average46% below the sector average46% below the sector average
Price Trend
57.42% below the market average57.42% below the market average57.42% below the market average57.42% below the market average57.42% below the market average
44.95% below the sector average44.95% below the sector average44.95% below the sector average44.95% below the sector average44.95% below the sector average
Income Not Available
Growth
2.58% above the market average2.58% above the market average2.58% above the market average2.58% above the market average2.58% above the market average
5.77% below the sector average5.77% below the sector average5.77% below the sector average5.77% below the sector average5.77% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

WANdisco Dividends

No dividends found

Trades for 17-Sep-2019

Time Volume / Share Price
16:35 3 @ 550.00p
16:29 248 @ 556.00p
16:29 400 @ 556.00p
16:29 97 @ 556.00p
16:29 1 @ 548.00p

WANdisco Key Personnel

CFO Erik Edwin Miller

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