Saietta shares plunge as it sells Sunderland production line

13th Feb 2024 11:16

(Sharecast News) - Shares in electric vehicle drivetrain technology company Saietta more than halved on Tuesday, after it announced the sale of a production line in Sunderland following its failure to secure a commercial agreement.

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London close: Stocks mixed after short New Year session

29th Dec 2023 12:45

(Sharecast News) - London markets had a mixed performance in a shortened pre-holiday trading session on Friday.

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London open: Gains modest but stocks rise to seven-month high

29th Dec 2023 07:59

(Sharecast News) - UK stocks edged higher to a seven-month high on Friday morning, though gains were likely to be limited in a shortened trading session ahead of the New Year's break.

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London pre-open: Small gains expected in shortened trading session

29th Dec 2023 07:35

(Sharecast News) - London stocks were expected to rise slightly on Friday morning, though movements continue to be limited as volumes remain low in festive trading.

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Saietta losses remain stable in first half

29th Dec 2023 07:23

(Sharecast News) - Saietta Group reported group income including grants of £1.4m in its first half on Friday, up from £1.3m year-on-year.

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Canaccord Genuity places Saietta under review

19th Oct 2023 07:16

(Sharecast News) - Canaccord Genuity put its rating on engineering company Saietta 'under review' on Thursday following the publication of the group's full-year results.

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Saietta board optimistic despite deepening losses

25th Sep 2023 13:58

(Sharecast News) - Saietta Group reported a 40% rise in turnover in a trading update on Monday, reaching £6m for the 12 months ended 31 March.

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Canaccord Genuity slashes target price on Saietta

7th Mar 2023 09:50

(Sharecast News) - Analysts at Canaccord Genuity slashed their target price on engineering firm Saietta from 285.0p to 120.0p on Tuesday following the group's operational and trading update earlier in the day.

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Saietta announces more integrated technology focus

15th Jun 2022 15:54

(Sharecast News) - Electric powertrain company Saietta Group updated the market on developments with its core 'axial flux technology' (AXT) on Wednesday, which is primarily targeted at the light-duty automotive and 'e-drive' sector.

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Canaccord hikes target price for electric drive specialist Saietta Group

5th Jan 2022 10:09

(Sharecast News) - Analysts at Canaccord Genuity hiked their target price for shares of electric drive solution specialist Saietta Group on the basis of the " continued high level of interest in the electrification of transport" and in anticipation of license sales announcements.

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Saietta acquires e-Traction from China's Evergrande

11th Nov 2021 10:20

(Sharecast News) - Motor design and manufacturing organisation Saietta Group said on Thursday that it had agreed to acquire e-Traction Europe from the Evergrande New Energy Automotive Group.

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Saltus European Debt Buys Back 33,845 Shares At 43.97P

21st Jul 2010 11:01

LONDON (Dow Jones)--Saltus European Debt Strategies Ltd. (SED.LN) said Wednesday it has acquired 33,845 of its ordinary shares for cancellation at an average price of 43.97 pence per share. -Shares at 1000 GMT flat at 44.25 pence. -By Tommy Stubbington, Dow Jones Newswires; 44-20-7842-9268

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