Diversified Trust Co Invests $598,000 in KORE Group Holdings, Inc. $KORE

Diversified Trust Co acquired a new stake in KORE Group Holdings, Inc. (NYSE:KORE) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 250,000 shares of the company’s stock, valued at approximately $598,000. Diversified Trust Co owned about 1.46% of KORE Group as of its most recent filing with the SEC.

Separately, XTX Topco Ltd bought a new position in KORE Group in the 1st quarter valued at $29,000. Hedge funds and other institutional investors own 57.45% of the company’s stock.

KORE Group Stock Performance

Shares of KORE opened at $2.44 on Wednesday. The stock has a fifty day moving average price of $2.36 and a two-hundred day moving average price of $2.41. KORE Group Holdings, Inc. has a 52-week low of $1.10 and a 52-week high of $4.88. The company has a market cap of $42.59 million, a price-to-earnings ratio of -0.62 and a beta of 1.69.

KORE Group Profile

KORE Group Holdings, Inc provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity and location-based services, device solutions, and managed and professional services that are used in the development and support of IoT technology for the business market. The company’s products include IoT connectivity-as-a-service; connectivity enablement-as-a-service; device management services; and security location based services.