Wynyard shares climb to record after latest Middle East contract signing

Mon, 06 Jan 2014

By Paul McBeth Jan. 7 (BusinessDesk) - Wynyard Group shares climbed to a record after the intelligence software developer announced its latest contract win in the Middle East. The stock rose as high as $1.38 and recently traded at $1.36, up 14 percent on the day. It’s rated a ‘hold’ by two analyst recommendations compiled by Reuters, with a median target price of $1.40. United Arab Emirates money exchange GCC Exchange will use Wynyard’s anti-money laundering software to enhance its ability to detect, investigate, and report suspicious acti...

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