Elate Holdings Ends Blockchain Voucher Partnership with Goldpay
Elate Holdings Limited has announced the termination of its partnership with Goldpay Limited regarding blockchain vouchers. The decision was made due to Goldpay's strategic shift in partner selection, and both parties agreed to waive claims against each other. The current analyst rating for Elate Holdings (HK:0076) is a Hold with a price target of HK$0.50. Year-to-date, the stock has seen a price performance decline of 30.83%.
Elate Holdings Limited ( (HK:0076) ) has issued an announcement.
Elate Holdings Limited announced the termination of a cooperation agreement between its subsidiary, Elate Graphite Limited, and Goldpay Limited. The agreement, initially aimed at promoting sales through blockchain vouchers, was terminated due to Goldpay’s strategic shift in selecting partner companies. The termination was amicable, with both parties agreeing to waive any claims against each other.
The most recent analyst rating on (HK:0076) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Elate Holdings Limited stock, see the HK:0076 Stock Forecast page.
More about Elate Holdings Limited
Elate Holdings Limited is a company incorporated in Hong Kong, primarily involved in various business sectors through its subsidiaries. One of its subsidiaries, Elate Graphite Limited, focuses on promoting sales products, potentially leveraging innovative technologies like blockchain.
YTD Price Performance: -30.83%
Average Trading Volume: 2,257,216
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$107.8M
Learn more about 0076 stock on TipRanks’ Stock Analysis page.
