Australia's Prophecy jumps on higher recurring revenue

Prophecy International Holdings

29/11/2022 01:07

** Shares of Australia's Prophecy International Holdings Ltd
 PRO.AX  rise as much as 9.4% to A$0.755, marking their best day
since Nov.4, if gains hold 
    ** Software co posts annualised recurring revenue of A$19.45
mln ($12.93 mln ) as at Sept.30, an increase of 5.8% from June
30
    ** About 77,800 shares change hands compared with the 30-day
moving average of 17,900 shares 
    ** Stock hits highest since Nov. 15
    ** Stock has fallen 46% this year, as of last close
($1 = 1.5038 Australian dollars)
 (Reporting by Nausheen Thusoo)
 ((Nausheen.Thusoo@thomsonreuters.com;))