Morgans analyst Richard Coles maintained a Buy rating on Wrkr Ltd today and set a price target of A$0.12.
Coles covers the Financial sector, focusing on stocks such as Navigator Global Investments Ltd, GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh, and Magellan Financial Group Ltd. According to TipRanks, Coles has an average return of 7.0% and a 51.78% success rate on recommended stocks.
Currently, the analyst consensus on Wrkr Ltd is a Moderate Buy with an average price target of A$0.12.
Based on Wrkr Ltd’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of A$9.23 million and a GAAP net loss of A$5.73 million. In comparison, last year the company earned a revenue of A$4.37 million and had a GAAP net loss of A$1.1 million
Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of WRK in relation to earlier this year.
