Addvalue Technologies Ltd (A31) Receives a Buy from Maybank

In a report released today, from Maybank maintained a Buy rating on Addvalue Technologies Ltd, with a price target of S$0.34. Addvalue Technologies Ltd has an analyst consensus of Moderate Buy, with a price target consensus of S$0.34. Based on Addvalue Technologies Ltd's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of S$8.04 million and a net profit of S$1.43 million. In comparison, last year the company earned a revenue of S$4.91 million and had a net profit of S$950.5 thousand Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of A31 in relation to earlier this year.