K3 Capital Group PLC (AIM:K3C) said it was unaware of any reason for its recent share price slide and confirmed it was confident about its outlook for the year, with all three divisions showing ‘strong’ activity levels.
The advisor to small and medium enterprises has seen its share price fall 30% in the last three months.
Recent acquisitions were performing in line with its plan, the statement added, and the pipeline is ‘healthy,’ with several bolt-ons being evaluated.
Following its February interim results announcement, K3 reiterated it had started the second half of 2022’s financial year well.
Shares rose 6% to 227.5p.