Small Cap highlights: Sareum leads Monday’s stand-out small cap biotech stocks
Sareum, Faron, WideCells, Abzena and Ergomed were among Monday's small cap highlights
Company
LON:ECK
Eckoh PLC is a global provider of secure payment products and customer contact solutions, supporting an international client base from its offices in the UK and US. The company's large portfolio of clients comes from a broad range of vertical markets and includes government departments, telecoms providers, retailers, utilities, insurers and financial services organisations.
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Sareum, Faron, WideCells, Abzena and Ergomed were among Monday's small cap highlights
The company has now secured three contracts worth over US$2.5mln in the USA over the next three years.
Two of the contracts are based on the software as a service (SaaS) pricing model
London shares closed sharply higher on Friday and more than erased the previous session’s losses as two unlikely bedfellows – tobacco and pharma stocks – led the gains alongside a rebound by miners which had a difficult week
An unlikely combination of tobacco and drugs stocks are driving the top-share index's advance
Investors got on board the Go-Ahead bus this morning after a strong set of results
W Resources kicks off its Spanish ambitions with a bang, ATTRAQT continues to see strong uptake and Eurasia Mining expects to produce the first concentrate from its West Kytlim alluvial platinum prospect.
Moloney has been with Eckoh for 13 years and is leaving to pursue new opportunities
Eckoh expects the complementary acquisition will be immediately earnings enhancing.
“Eckoh has developed an extremely high class Board which we feel reflects the quality of the international service we offer."
A snapshot of today's small company news highlights
Group revenues topped the house broker's forecast of £21.mln, rising 31% to £22.5mln, with recurring revenues accounting for 79% of that.
Numis is bullish on both Berkeley and Crest Nicholson, recommending investors 'add' them to the portfolio.
Today's two big economic events - the ECB and Opec meetings - proved about as decisive as an Italian election, so all eyes now move to tomorrow's US jobs report.
Investments and investor services
Below are some of the main news-driven share price changes at 1pm
"We are delighted to be announcing these two major US contracts simultaneously," said CEO Nik Philpot. The group has also extended its US distribution arrangement with West.
Metal Tiger is pleased with latest assay results, Clinigen upgrades from glass bottle to plastic bag and Alecto renwews Burkina Faso permit.
it was a tough day for newspaper publisher Trinity Mirror, not that you'd know it from the share price.
The company signed nine new contracts for its secure payments products during the year to March just ended.