CTRL Group Limited’s (NASDAQ:MCTR) Lock-Up Period To End on July 21st

CTRL Group’s (NASDAQ:MCTR) lock-up period will end on Monday, July 21st. CTRL Group had issued 2,000,000 shares in its initial public offering on January 22nd. The total size of the offering was $8,000,000 based on an initial share price of $4.00. After the expiration of the company’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of CTRL Group to a “hold” rating in a research report on Saturday, July 5th.

CTRL Group Price Performance

NASDAQ:MCTR opened at $2.85 on Monday. CTRL Group has a one year low of $2.48 and a one year high of $54.91. The firm has a 50-day simple moving average of $5.65.

CTRL Group Company Profile

Ctrl Group Ltd. is a holding company, which engages in the provision of marketing and advertising services. It offers one-stop advertising services to clients throughout the entire advertising process, which comprises the planning, creating, launching, managing, and performance monitoring of the advertisements.