Centrepoint Alliance (ASX:CAF) Stock Price Up 7.5%

Centrepoint Alliance Limited (ASX:CAF) rose 7.5% during mid-day trading on Thursday . The stock traded as high as A$0.10 ($0.07) and last traded at A$0.10 ($0.07). Approximately 1,198,883 shares were traded during trading, an increase of ∞ from the average daily volume of 0 shares. The stock had previously closed at A$0.09 ($0.07).

The firm has a fifty day simple moving average of A$0.09. The stock has a market capitalization of $14.89 million and a price-to-earnings ratio of -3.03.

About Centrepoint Alliance (ASX:CAF)

Centrepoint Alliance Limited, together with its subsidiaries, engages in the financial services industry in Australia. It operates through Licensee and Advice Services, and Funds Management and Administration segments. The Licensee and Advice Services segment provides a range of financial advice and licensee support services, including licensing, technology, business support, training, compliance, and professional standards.

Further Reading: Are sell-side analysts objective?

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