Shares of Amino Technologies Plc (LON:AMO) were down 29.1% during trading on Monday . The company traded as low as GBX 142 ($1.85) and last traded at GBX 150 ($1.95). Approximately 398,921 shares changed hands during trading, an increase of 290% from the average daily volume of 102,314 shares. The stock had previously closed at GBX 211.50 ($2.75).
A number of analysts have commented on AMO shares. Liberum Capital started coverage on Amino Technologies in a report on Tuesday, July 17th. They set a “buy” rating and a GBX 265 ($3.45) price objective for the company. FinnCap reissued a “corporate” rating on shares of Amino Technologies in a report on Tuesday, July 17th.
In other Amino Technologies news, insider Donald McGarva bought 1,666 shares of Amino Technologies stock in a transaction dated Tuesday, August 7th. The stock was bought at an average cost of GBX 180 ($2.34) per share, with a total value of £2,998.80 ($3,906.21).
Amino Technologies plc, together with its subsidiaries, develops Internet Protocol television (IPTV) software technologies and hardware platforms worldwide. The company's products enable the delivery of digital programming and interactivity over IP networks. It provides ENABLE, a virtual STB software that solves the legacy problems of operators to launch modern, virtualized, consumer-centric UX, and video services.
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