Getech Group plc (LON:GTC – Get Free Report) shares were down 14.4% on Wednesday . The stock traded as low as GBX 1.80 ($0.02) and last traded at GBX 1.84 ($0.02). Approximately 1,412,349 shares changed hands during mid-day trading, an increase of 396% from the average daily volume of 284,544 shares. The stock had previously closed at GBX 2.15 ($0.03).
Getech Group Trading Down 14.4 %
The company’s fifty day simple moving average is GBX 2.10 and its two-hundred day simple moving average is GBX 2.37. The company has a quick ratio of 3.50, a current ratio of 0.83 and a debt-to-equity ratio of 4.05. The company has a market capitalization of £2.81 million, a price-to-earnings ratio of -36.80 and a beta of 0.88.
Insider Transactions at Getech Group
In related news, insider Christopher Paul Jepps sold 850,000 shares of the firm’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of GBX 220 ($2.69), for a total value of £1,870,000 ($2,282,993.53). 19.71% of the stock is owned by insiders.
About Getech Group
Getech (AIM: GTC) applies its world-leading geoscience data and unique geospatial software products to accelerate the energy transition by locating, developing and operating geoenergy and green hydrogen projects.
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