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  5. Cryptology Asset Group p.l.c.
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    CAP   MT0001770107

CRYPTOLOGY ASSET GROUP P.L.C.

(CAP)
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Original-Research : Cryptology Asset Group PLC (von GBC AG): BUY

07/28/2021 | 04:03am EDT

Original-Research: Cryptology Asset Group PLC - von GBC AG

Einstufung von GBC AG zu Cryptology Asset Group PLC

Unternehmen: Cryptology Asset Group PLC ISIN: MT0001770107

Anlass der Studie: Research Comment Empfehlung: BUY Kursziel: 18.35 EUR Kursziel auf Sicht von: 31.12.2022 Letzte Ratingänderung: - Analyst: Felix Haugg, Julien Desrosiers

Cryptology share split in a ratio of 1:20 executed; price target increased to (after split) EUR18.35; Rating: Buy

Cryptology Asset Group plc (Cryptology for short) has completed the previously announced 1:20 share split as of July 27, 2021. The resolution for the share split was approved by shareholders at an extraordinary general meeting on July 20, 2021. Each share was thus split into 20 shares. As a result of the completed stock split, Cryptology's share count will increase to 64.00 million shares of common stock.

As a result of the share split, tradability and access for investors should once again become significantly more attractive. Overall, we believe that this measure will increase the liquidity of the stock and consequently increase the tradability of the shares. In addition, the company is striving for an international listing in addition to the German stock exchange listing. Currently, Cryptology's shares are listed on several German stock exchanges, such as the Düsseldorf Stock Exchange, Gettex and Tradegate. An international listing would also have a positive effect on the liquidity and tradability of the share.

Against the background of the share split carried out on July 27, 2021, we have updated our NAV valuation of Cryptology. In addition to taking into account the increased number of shares, the positive development of cryptocurrencies was also included in our valuation model. Based on our updated fair NAV valuation, we have determined a price target per share of EUR18.35 (previously: EUR17.92 (adjusted)). This corresponds to a price potential of more than 120%. We continue to assign a Buy rating.

Die vollständige Analyse können Sie hier downloaden: http://www.more-ir.de/d/22706.pdf

Kontakt für Rückfragen GBC AG Halderstraße 27 86150 Augsburg 0821 / 241133 0 research@gbc-ag.de +++++++++++++++ Offenlegung möglicher Interessenskonflikte nach § 85 WpHG und Art. 20 MAR. Beim oben analysierten Unternehmen ist folgender möglicher Interessenkonflikt gegeben: (5a,6a,7,11); Einen Katalog möglicher Interessenkonflikte finden Sie unter: http://www.gbc-ag.de/de/Offenlegung +++++++++++++++ Date (time) of completion of English version: 27/07/2021 (04.35 pm) Date (time) of first distribution of English version: 28/07/2021 (10:00 am)

-------------------übermittelt durch die EQS Group AG.-------------------

Für den Inhalt der Mitteilung bzw. Research ist alleine der Herausgeber bzw. Ersteller der Studie verantwortlich. Diese Meldung ist keine Anlageberatung oder Aufforderung zum Abschluss bestimmter Börsengeschäfte.

(END) Dow Jones Newswires

July 28, 2021 04:02 ET (08:02 GMT)

All news about CRYPTOLOGY ASSET GROUP P.L.C.
09/23STATEMENT OF COMPREHENSIVE INCOME : 1 Jan 20 to 30 Jun 20
PU
09/23CRYPTOLOGY ASSET P L C : estimated NAV per share as of 22/09/2021 is ?9.25
EQ
09/23PRESS RELEASE : Cryptology's estimated NAV per share as of 22/09/2021 is EUR9.25
DJ
09/23CRYPTOLOGY ASSET P L C : estimated NAV per share as of 22/09/2021 is Ç9.25
PU
09/23CRYPTOLOGY WEEKLY NAV UPDATE : 22nd September 21
PU
09/16CRYPTOLOGY WEEKLY NAV UPDATE : 15th September 21
PU
09/16CRYPTOLOGY ASSET P L C : estimated NAV per share as of 15/09/2021 is ?9.91
EQ
09/16PRESS RELEASE : Cryptology's estimated NAV per share as of 15/09/2021 is EUR9.91
DJ
09/16CRYPTOLOGY ASSET P L C : estimated NAV per share as of 15/09/2021 is Ç9.91
PU
09/09PRESS RELEASE : Cryptology's estimated NAV per share as of 08/09/2021 is EUR9.53
DJ
More news
Financials
Sales 2020 2,55 M 2,97 M 2,97 M
Net income 2020 10,3 M 12,0 M 12,0 M
Net Debt 2020 18,6 M 21,7 M 21,7 M
P/E ratio 2020 21,4x
Yield 2020 -
Capitalization 406 M 474 M 474 M
EV / Sales 2019 -
EV / Sales 2020 93,7x
Nbr of Employees 2
Free-Float 52,6%
Chart CRYPTOLOGY ASSET GROUP P.L.C.
Duration : Period :
Cryptology Asset Group p.l.c. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Last Close Price 7,40 €
Average target price 18,35 €
Spread / Average Target 148%
Sector and Competitors