Novabase traded at 7.40 this Friday August 7th, decreasing 0.06 or 0.80 percent since the previous trading session. Looking back, over the last four weeks, Novabase lost 7.50 percent. Over the last 12 months, its price fell by 6.92 percent. Looking ahead, we forecast Novabase to be priced at 7.24 by the end of this quarter and at 6.77 in one year, according to Trading Economics global macro models projections and analysts expectations.
Novabase SGPS SA is a Portugal-based company active in the provision of information technology (IT) solutions. The Company provides services for a range of sectors, including finance, public administration, healthcare, energy and utilities, as well as telecommunications. The Company organizes its activities into two business segments: Business Solutions and Venture Capital. The Business Solutions division provides IT technology, management and system design. The Venture Capital division identifies and develops Portuguese information and communications technology (ICT) business projects, which are in early development or expanding and have potential synergies with the Company. In addition, it offers IT contracting, which includes staffing services for IT projects.