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Concorde International Shares Jump 71% After Securing More Than $10 Mln In Contracts

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Concorde International Group Ltd. (YOOV) shares surged 71.47 percent to $1.1801, up $0.4939 on Thursday, after the company announced that it had been awarded multi-year contracts with a total value exceeding $10 million in Singapore.

The stock is currently trading at $1.1801, compared with a previous close of $0.6862 on the Nasdaq. It opened at $1.4200 and traded between $0.9800 and $1.8500 during the session, with volume reaching 55.09 million shares, far above the average daily volume of 93,045 shares.

The contracts cover the deployment of integrated security solutions across industrial zones, business districts, and community precincts. Concorde will provide its proprietary i-Guarding platform, including the i-Facility Sprinter mobile command center, solar-powered i-FlexCam systems, and autonomous i-Facility Robot patrol units.

Concorde International shares have traded between $0.6200 and $31.0550 over the past 52 weeks.

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