Australia's ICSGlobal sees best day in over 9 months on robust outlook

ICSGlobal

08/12/2020 03:06

** Shares of the medical billing services provider  ICS.AX 
rise as much as 13.5% to A$2.1, marking their biggest intraday
percentage gain since Feb. 27
    ** Co says it expects net profit attributable for FY2021 to
be in the range of A$1.5 mln to A$1.7 mln ($1.11 mln to $1.26
mln), an increase of between 22% to 38% from a year earlier 
    ** Stock hits its highest since March 11
    ** About 70,000 shares change hands, compared with the
30-day average volume of about 10,000 shares
    ** Stock has fallen 5.6% this year, as of last close

($1 = 1.3470 Australian dollars)

 (Reporting by Soumyajit Saha in Bengaluru)
 ((Soumyajit.Saha@thomsonreuters.com;))