SEC Newgate S.P.A. (CDI) (SECG)

Sector:

Media

Index:

FTSE AIM All-Share

 42.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 60.00
  • 52 Week Low: 28.50
  • Currency: UK Pounds
  • Shares Issued: 24.25m
  • Volume: 22
  • Market Cap: £10.31m
  • RiskGrade: 186

SEC Newgate signs fist commercial customer to 'TRUE AI'

By Josh White

Date: Monday 17 Aug 2020

LONDON (ShareCast) - (Sharecast News) - Communications, advocacy and research company SEC Newgate has signed its first commercial contract for its recently-launched 'TRUE AI' platform, providing semantic and reputational assessment powered by artificial intelligence (AI) algorithms.
The AIM-traded firm said the new contract with TreNord - Italy's second-largest railway operator - would allow TreNord to acquire a "deep understanding" and "extensive assessment" of passenger sentiment and satisfaction, to enhance both its corporate profile and interactions across its 61 lines, spanning more than 2,200 kilometres of rail.

It said the launch of TRUE in July was well-received in both the business and institutional communities in Italy, and had led to a "significant" number of successful presentations, and a busy ongoing schedule for September.

"One of SEC Newgate's strategic pillars is innovation and research, and TRUE is the expression of our ambitions as far as delivering new solutions and new paradigms is concerned," said chief executive officer Fiorenzo Tagliabue.

"We believe the reach and potential of our investment in reputational assessment driven by artificial intelligence is absolutely fit to compete on the international stage.

"The launch, after the summer break, of a new release of the TRUE platform providing a full service in English, will be a significant enhancement of our client offering across our global markets."

At 1336 BST, shares in SEC Newgate were up 20.89% at 54.4p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SECG Market Data

Currency UK Pounds
Share Price 42.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 60.00
52 Week Low 28.50
Volume 22
Shares Issued 24.25m
Market Cap £10.31m
RiskGrade 186

SECG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
25.56% above the market average25.56% above the market average25.56% above the market average25.56% above the market average25.56% above the market average
28.81% above the sector average28.81% above the sector average28.81% above the sector average28.81% above the sector average28.81% above the sector average
Price Trend
19.33% above the market average19.33% above the market average19.33% above the market average19.33% above the market average19.33% above the market average
31.15% above the sector average31.15% above the sector average31.15% above the sector average31.15% above the sector average31.15% above the sector average
Income Not Available
Growth
81.95% above the market average81.95% above the market average81.95% above the market average81.95% above the market average81.95% above the market average
96.43% above the sector average96.43% above the sector average96.43% above the sector average96.43% above the sector average96.43% above the sector average

SECG Dividends

No dividends found

Trades for 30-Nov-2020

Time Volume / Share Price
15:15 22 @ 40.00p

SECG Key Personnel

CEO Fiorenzo Vittorio Tagliabue
CFO Anna Milito

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