Australia's Janison Education hits near 4-month high on contract win

Janison Education

15/07/2025 03:47

** Shares of Janison Education Group JAN.AX rise 20% to A$0.18, hitting their highest level since March 17

** Stock eyes strongest trading session since mid November 2024, if gains sustain

** Online education services provider says was appointed by New Zealand Ministry of Education for the provision of a new national Assessment and Aromatawai Tool for schools

** Says initial three-month contract valued at A$750,000 ($491,025.00)

** Adds the bilingual assessment tool to be delivered via Janison's digital platform

** More than 384,000 shares change hands, 2.1 times the 30-day average

** Stock down 5.4% YTD, including the day's moves

($1 = 1.5274 Australian dollars)

 (Reporting by Nikita Maria Jino in Bengaluru)

 ((Nikita.Jino@thomsonreuters.com;))