GSTechnologies (LON:GST) Reaches New 1-Year High – Here’s What Happened

GSTechnologies Ltd. (LON:GSTGet Free Report) hit a new 52-week high on Tuesday . The company traded as high as GBX 2.85 ($0.04) and last traded at GBX 2.80 ($0.04), with a volume of 75570992 shares trading hands. The stock had previously closed at GBX 2.55 ($0.03).

GSTechnologies Stock Down 8.1 %

The firm’s fifty day moving average is GBX 1.44 and its two-hundred day moving average is GBX 0.96. The firm has a market cap of £50.71 million, a price-to-earnings ratio of -3.35 and a beta of 0.70. The company has a debt-to-equity ratio of 3.39, a current ratio of 3.18 and a quick ratio of 4.31.

Insider Activity

In other news, insider Lord James Christopher Douglas Wellesley bought 335,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 31st. The stock was acquired at an average price of GBX 1 ($0.01) per share, with a total value of £3,350 ($4,191.69). Insiders own 20.29% of the company’s stock.

GSTechnologies Company Profile

(Get Free Report)

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.

Further Reading

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