GSTechnologies (LON:GST) Stock Price Up 5.1% – Still a Buy?

GSTechnologies Ltd. (LON:GST)’s stock price was up 5.1% during trading on Friday . The stock traded as high as GBX 1.70 ($0.02) and last traded at GBX 1.66 ($0.02). Approximately 14,964,938 shares traded hands during trading, an increase of 1% from the average daily volume of 14,760,346 shares. The stock had previously closed at GBX 1.58 ($0.02).

GSTechnologies Trading Up 13.9 %

The company has a market capitalization of £35.46 million, a PE ratio of -3.35 and a beta of 0.70. The company has a debt-to-equity ratio of 3.39, a quick ratio of 4.31 and a current ratio of 3.18. The business has a fifty day moving average price of GBX 1.08 and a 200 day moving average price of GBX 0.84.

Insider Activity at GSTechnologies

In other GSTechnologies news, insider Lord James Christopher Douglas Wellesley acquired 335,000 shares of the company’s stock in a transaction dated Thursday, October 31st. The stock was bought at an average price of GBX 1 ($0.01) per share, with a total value of £3,350 ($4,228.20). 20.29% of the stock is currently owned by insiders.

GSTechnologies Company Profile

GSTechnologies Ltd., together with its subsidiaries, provides data infrastructure, storage, and technology services worldwide. It offers structured cabling, data centers infrastructure, wireless network solution, smart security, and project management services. In addition, the company engages in the blockchain business.