Previous close | 3.5300 |
Open | 3.6000 |
Bid | N/A x N/A |
Ask | N/A x N/A |
Day's range | 3.6000 - 3.6000 |
52-week range | 2.6000 - 6.5850 |
Volume | |
Avg. volume | 1,985 |
Market cap | 2.558B |
Beta (5Y monthly) | 0.79 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.0100 |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Demand for cybersecurity solutions is set to grow massively in coming years. Should I pick up some Darktrace shares now to take advantage? The post Should I buy fallen Darktrace shares before it’s too late? appeared first on The Motley Fool UK.
Darktrace shares are now back down near their IPO price, and down 70% from their early peak. It's time to decide if I should to buy. The post Should I buy Darktrace shares now they’ve fallen so low? appeared first on The Motley Fool UK.
Dr James Fox takes a closer look at Darktrace shares. The innovative cyber-security firm has seen its valuation swing widely since listing. The post If I’d invested £100 in Darktrace shares 1 year ago, here’s what I’d have now! appeared first on The Motley Fool UK.
After spiking to 1,000p, Darktrace’s share price has fallen to near the level it floated. Is now a great time to invest? Ed Sheldon takes a look. The post Darktrace’s share price is near its IPO levels. Is this a magnificent investment opportunity? appeared first on The Motley Fool UK.
The Darktrace share price has crashed in the past two years. But the latest quarterly update doesn't look too bad at all. Is it time to buy? The post Is the Darktrace share price set to soar in 2023? appeared first on The Motley Fool UK.
Jon Smith checks up on the movements in Darktrace shares after the latest company update, but finds little to inspire him. The post I avoided Darktrace shares in February. Here’s why nothing’s changed appeared first on The Motley Fool UK.
Cybersecurity firm notes emergence of sophisticated email scams featuring improved linguistic complexity
Criminals will harness ChatGPT to unleash a new wave of online fraud, Britain's biggest listed cybersecurity company has warned.
Darktrace suffered another blow today after the New York-based investment business which earlier produced a short-seller report into the cybersecurity firm said its results failed to address its concerns. Darktrace has denied the reports and commissioned auditors EY to investigate the claims. EY were unable to complete the investigation in time for the company’s full-year results, but Darktrace promised to release the accountancy firm’s report as soon as its investigation was concluded.
LONDON (Reuters) -British cybersecurity company Darktrace lowered its guidance for full-year cash flow on Wednesday due to an accounting change related to executive share awards when it listed, as it reported a 33% rise in first-half earnings. The company said its 2023 guidance range for free cash flow would be about 50% to 55% of adjusted core earnings, down from a previous 60% to 65%. That change reflected the accounting treatment for the net settlement of tax obligations from the vesting of IPO-related share awards to two executive directors, it said.
Cybersecurity company defends against criticism from hedge fund Quintessential and others
Darktrace saw shares plunge after a highly critical report by New York-based hedge fund Quintessential Capital Management.
Darktrace saw shares plunge after a highly critical report by New York-based hedge fund Quintessential Capital Management.
Darktrace has called in specialist accountants at EY to review its finances following allegations of accounting fraud made by a US short-seller.
Darktrace has ordered an external report into its finances in a bid to fend off a short-seller report questioning the validity of its statements to shareholders. The cybersecurity firm has appointed accountancy firm Ernst & Young to provide an additional independent third-party review of its key financial processes and controls. In a 70-page report released at the end of January, New York-based Quintessential Capital Management said it was “deeply skeptical” about the validity of Darktrace’s financial statements and expressed its fear that “sales, margins, and growth rates may be overstated and close to a sharp correction.”
(Bloomberg) -- Darktrace Plc, the British cybersecurity company that’s been the target of short-seller reports, said it’s hired accounting firm EY to review “key financial processes.”Most Read from BloombergApple Makes Major Progress on No-Prick Blood Glucose Tracking for Its WatchRussian Support for Putin’s War in Ukraine Is HardeningUS Housing Market Posts $2.3 Trillion Drop, Biggest Since 2008Plane Forced to U-Turn Minutes Before Landing Sends Passengers Back HomePutin Has Decided to Normaliz
British cyber security company Darktrace said on Monday it had commissioned a third-party review of its finances by EY, weeks after a short-seller questioned its results. Darktrace said the appointment of the auditor EY, formerly known as Ernst & Young, was a sign of its confidence in its financial processes. Those were criticised by New York-based Quintessential Capital Management in a 70-page report on Jan. 31.
By Scott Kanowsky
Embattled firm to launch £75m share buyback to bolster stock price after criticism of sales and marketing
(Reuters) -The UK's FTSE 100 fell on Wednesday ahead of an interest rate decision from the U.S. Federal Reserve, while investors also grappled with concerns around a slowing British economy and mixed corporate updates. The blue-chip FTSE 100 closed the session 0.1% lower. Meanwhile the midcap FTSE 250 rose 0.2%, helped by gains in some consumer and financial stocks.
Darktrace Plc said on Wednesday it was run with "the greatest integrity" after a short-seller's report questioned the British cybersecurity company's financial statements. Chief Executive Poppy Gustafsson said it was "importantto refute any unfounded inferences about the listed business we are today and push back in the strongest terms on any suggestions that this is a business that is not being run with the greatest integrity". New York-based Quintessential Capital Management said it was "deeply skeptical about the validity of Darktrace's financial statements," in a 70-page report published on Tuesday.
When trust is everything the best way to respond is to opt for full exposure and elaborate explanation
Darktrace shares plunged as much as 10% on Tuesday after a short-selling fund questioned the British cybersecurity company's financial statements. Darktrace said in a statement its management team and board had full confidence in its accounting practices and the integrity of its financial statements. At 1620 GMT, Darktrace shares were down 4.3% at 210.6 pence.
Darktrace, the cybersecurity company, has lost a quarter of a billion pounds from its valuation after an aggressive US short-seller claimed the company engages in fraudulent accounting.
Company co-founded by Mike Lynch hit by wave of criticism of its sales, marketing and accounting practices