Australia's Sensen Networks hits near 10-month high on contract win

Sensen Networks

28/08/2024 06:18

** Shares of Australia's Sensen Networks  SNS.AX  rise as
much as 12.8% to A$0.044, their highest since Nov. 10, 2023    
    ** Sensor artificial intelligence solutions provider wins
contract to supply vehicle-mounted mobile enforcement systems
and software to Agence de mobilité durable de Montréal
    ** Initial order valued at A$1.7 mln ($1.15 mln) - co
    ** Says total value of contract up to $A17.7 mln over five
years
    ** About 514,300 shares change hands by 0508 GMT, 2.6 times
the 30-day average volume of shares
    ** Stock had risen 27.9% this year, as of last close    
    
($1 = 1.4721 Australian dollars)

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))