Australia's Enlitic hits record high on partnership expansion with Philips

Enlitic

25/11/2025 02:25

** Shares of Enlitic ENL.AX nearly double, rising as much as 95.7% to a record high of A$0.045; stock last up 69.6%

** Biggest intraday pct rise since August 25

** U.S.-based healthcare technology firm announces expansion of partnership with Dutch healthcare technology company Philips PHG.AS

** Under partnership, co will provide AI-enabled DICOM data-migration and workflow solutions for Philips’ enterprise imaging customers

** About 28.7 million shares change hands, 35.3x the 30-day avg

** Stock is down 35% YTD, including the session's moves

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))