Fulcrum Utility Services’ (FCRM) “Buy” Rating Reiterated at FinnCap

FinnCap reiterated their buy rating on shares of Fulcrum Utility Services Ltd (LON:FCRM) in a research note released on Wednesday. FinnCap currently has a GBX 55 ($0.72) price objective on the stock, up from their previous price objective of GBX 50 ($0.65).

Fulcrum Utility Services (LON:FCRM) opened at 39.32 on Wednesday. The firm’s 50-day moving average price is GBX 37.00 and its 200 day moving average price is GBX 37.84. Fulcrum Utility Services has a 12-month low of GBX 17.00 and a 12-month high of GBX 46.00. The stock’s market cap is GBX 61.49 million.

In other news, insider Holder,Phil purchased 100,000 shares of the company’s stock in a transaction on Tuesday, September 6th. The shares were acquired at an average price of GBX 37 ($0.48) per share, for a total transaction of £37,000 ($48,296.57).

About Fulcrum Utility Services

Fulcrum Utility Services Limited provides unregulated utility connections and independent gas transportation services in the United Kingdom. The Company’s segments include Infrastructure Services segment, which provides utility infrastructure and connections services, and Pipelines segment, which comprises both the ownership of gas infrastructure assets and the conveyance of gas through its gas transportation networks.

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