Pelatro (PTRO)

Sector:

IT Services

Index:

FTSE AIM All-Share

49.00p
   
  • Change Today:
    -0.50p
  • 52 Week High: 85.50p
  • 52 Week Low: 27.00p
  • Currency: UK Pounds
  • Shares Issued: 32.53m
  • Volume: 45,084
  • Market Cap: £15.94m
  • RiskGrade: 392

Pelatro inks licensing deal with mystery Asian telco

By Iain Gilbert

Date: Tuesday 18 Jun 2019

LONDON (ShareCast) - (Sharecast News) - Marketing software specialist Pelatro has been singled out by an unnamed large Asian telecommunications outfit to implement its contextual marketing platform on a license fee model.
Pelatro told shareholders on Tuesday that its latest contract win had further strengthened the company's client base, which now stands at 18 clients across 17 countries - providing the group with further earnings growth and additional cross-selling opportunities.

The AIM-listed company also noted it was continuing to contract for significant change requests and highlighted that the collective value of the new contract and recent change requests was about $1.5m.

Managing director and chief executive Subash Menon said: "We are delighted with the continued strong progress that the company is making as it converts its healthy pipeline of new opportunities.

"Importantly, in addition to adding new clients we are benefiting from increasing levels of repeat business and cross-selling opportunities from existing clients, underpinning the Board's confidence in trading as we close the first half of the year."

As of 0820 BST, Pelatro shares had climbed 5.07% to 76.70p.

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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.

 

Pelatro Market Data

Currency UK Pounds
Share Price 49.00p
Change Today -0.50p
% Change -1.01 %
52 Week High 85.50p
52 Week Low 27.00p
Volume 45,084
Shares Issued 32.53m
Market Cap £15.94m
RiskGrade 392

Pelatro Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
23.98% above the market average23.98% above the market average23.98% above the market average23.98% above the market average23.98% above the market average
85.26% above the sector average85.26% above the sector average85.26% above the sector average85.26% above the sector average85.26% above the sector average
Price Trend
2.6% below the market average2.6% below the market average2.6% below the market average2.6% below the market average2.6% below the market average
18.45% below the sector average18.45% below the sector average18.45% below the sector average18.45% below the sector average18.45% below the sector average
Income Not Available
Growth
31.09% above the market average31.09% above the market average31.09% above the market average31.09% above the market average31.09% above the market average
36.84% above the sector average36.84% above the sector average36.84% above the sector average36.84% above the sector average36.84% above the sector average

Pelatro Dividends

No dividends found

Trades for 26-May-2020

Time Volume / Share Price
15:43 10,000 @ 48.00p
12:33 8,083 @ 51.00p
10:31 1 @ 48.08p
09:20 7,000 @ 50.00p
09:06 5,000 @ 50.00p

Pelatro Key Personnel

Finance Director Nicholos James Hellyer

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