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Eckoh – “half year trading update”, how “confident” to really be in its outlook?…

By Steve Moore | Wednesday 1 November 2023


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Previously writing on company describing itself as a “global provider of customer engagement data security solutions” Eckoh (ECK), I concluded with the shares at 65p, a £165 million market capitalisation, that the valuation demanded further rapid business growth and that it most prudent to avoid/sell. What now of a latest trading update, with the shares having most recently closed at 42.5p?

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