Report
EUR 13.94 For Business Accounts Only

CABCHARGE AUSTRALIA LTD. reduced its risk exposure resulting in an upgrade to Slightly Positive

CABCHARGE AUSTRALIA LTD. (AU), a company active in the Financial Administration industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 2 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date August 10, 2018, the closing price was AUD 2.36 and its potential was estimated at AUD 2.77.
Underlying
Cabcharge Australia Ltd.

CabCharge Australia operates Taxi Networks and provides an alternative payment system to cash for the Taxi Industry. Co. provides Taxi Network services in Sydney, Melbourne, Adelaide, Newcastle, regional Victoria and New South Wales, and the Northern Territory. Network services include taxi booking services, taxi fit-outs and repairs, vehicle financing and insurance, and driver training and education. Co. also holds a 49.0% investment in a route, school and charter bus services company, ComfortDelGro Cabcharge Pty Ltd, and a 49.0% investment in CityFleet Networks Ltd, a provider of account, booking and dispatch services for taxis and private hire vehicles, and coach services in the U.K.

Provider
TheScreener
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