Maintel (MAI) Sets New 1-Year Low After Analyst Downgrade

Maintel Holdings plc (LON:MAI) hit a new 52-week low during mid-day trading on Wednesday after FinnCap lowered their price target on the stock from GBX 1,250 to GBX 900. FinnCap currently has a corporate rating on the stock. Maintel traded as low as GBX 675 ($9.08) and last traded at GBX 675 ($9.08), with a volume of 7213 shares traded. The stock had previously closed at GBX 795 ($10.70).

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About Maintel

Maintel Holdings Plc is engaged in the provision of contracted managed services, the sale and installation of telecommunications systems and the provision of fixed line, mobile and data telecommunications services, to the enterprise business sector. The Company operates through three segments: telecommunications managed service and technology sales, telecommunications network services and mobile services.

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