Australia's Ava Risk jumps on multiple contract wins

Ava Risk

21/12/2023 04:43

** Shares of Ava Risk Group  AVA.AX  up 6.25% after co says
it won multiple contracts
    ** Security technology co on Wednesday said it has won
several contracts for its fibre optic sensing solutions
    ** Co sees total sales order intake for Q2 FY24 to exceed
A$10 mln ($6.8 mln), its highest ever
    ** Stock on track for best one-day gain since mid-September
    ** Over 664,000 shares change hands, compared with the
30-day average volume of 168,264
    ** Including session's gains, however, stock is still down
~26% YTD

($1 = 1.4817 Australian dollars)

 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))