Australia's Cryosite hits record high on positive outlook

Cryosite

09/05/2024 05:08

** Shares of Cryosite  CTE.AX  rise as much as 3.5% to
record high of A$0.88
    ** Stock logs gains for the second consecutive session
    ** Clinical trials depot service provider says outlook
remains positive as business continues to perform strong
    ** Says intends to pay further dividends this year
    ** Adds co is positioned for growth and aligned with market
trends with plans to increase storage capacity by December
    ** Stock has risen 52.6% this year, as of last close

 (Reporting by Sneha Kumar in Bengaluru)
 ((Sneha.Kumar@thomsonreuters.com;))