Last updated on September 11th, 2021 at 08:16 am
The share price of Motus Holdings has increased drastically, which is a surprise due to many companies feeling the impact of the coronavirus in Africa. The drastic increase comes less than 6 months.
Motus shares shut 14.39 percent higher at R52.71 on Friday. The cost has bounced back unequivocally since September 1, when it exchanged at R27.54.
“The liquidity position stays solid, upheld by critical unutilised banking offices. “Motus stays well inside unique bank agreement levels with adequate headroom,” the chiefs said in an assertion.
Motus are definitely going to face strong competition from companies that has been aiming to penetrate the financial market, the coronavirus impact has been felt by many companies.
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