5th Jan 2022. 9.47am
Regency View:
TAKE PROFITS Kape Technologies (KAPE)
Regency View:
Kape Technologies (KAPE) – Close at 445p
Our strong performance in the online security space continues and today we are going to crystalize a very healthy profit in Kape Technologies…
The stock has been on a stellar run since our entry during the heart of the pandemic sell-off in April 2020.
However, after prices have now stalled three times at the September 2021 highs of 450p, and with tech stocks on both sides of the Atlantic starting to soften as the market rotates into higher risk stocks, we’re more than happy to take our profit.
Gross Profit (Inc Dividends) = +155.7%
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