FinnCap Reaffirms Corporate Rating for Minds Machines Group (LON:MMX)

FinnCap restated their corporate rating on shares of Minds Machines Group (LON:MMX) in a research report report published on Monday, December 23rd, Stock Target Advisor reports.

LON:MMX traded down GBX 0.40 ($0.01) during trading hours on Monday, reaching GBX 7.10 ($0.09). 538,077 shares of the company were exchanged, compared to its average volume of 310,723. Minds Machines Group has a 1-year low of GBX 5 ($0.07) and a 1-year high of GBX 7.75 ($0.10). The business has a 50 day moving average of GBX 7 and a 200 day moving average of GBX 6.23.

In other Minds Machines Group news, insider Henry Turcan bought 250,000 shares of Minds Machines Group stock in a transaction on Friday, October 25th. The shares were purchased at an average price of GBX 6 ($0.08) per share, with a total value of £15,000 ($19,731.65). Insiders have purchased 2,135,000 shares of company stock worth $12,810,000 in the last three months.

About Minds Machines Group

Minds + Machines Group Limited and its subsidiaries own and operate a portfolio of generic top-level domain assets (gTLDs). The Company operates in the domain name industry and provides end-to-end domain services. Its segments include Registry ownership (Registry), including applicant of top level domain name from Internet Corporation for Assigned Names and Numbers (ICANN) and wholesaler of domain names of those top level domain names; Registry service provider (RSP) and consulting services (segment B), which includes back end service provider for a registry, and Registrar (Registrar), which includes retailer of domain names.

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