GetBusy (LON:GETB) Trading Up 2% – Here’s Why

GetBusy plc (LON:GETB) was up 2% during trading on Friday . The stock traded as high as GBX 51 ($0.69) and last traded at GBX 51 ($0.69). Approximately 50,380 shares traded hands during mid-day trading, an increase of 7% from the average daily volume of 46,975 shares. The stock had previously closed at GBX 50 ($0.68).

GetBusy Stock Performance

The company has a market cap of £25.85 million, a PE ratio of 48.66 and a beta of 0.35. The firm’s fifty day moving average is GBX 47.70 and its 200 day moving average is GBX 52.65. The company has a current ratio of 0.36, a quick ratio of 0.44 and a debt-to-equity ratio of -57.60.

GetBusy (LON:GETB) last announced its earnings results on Tuesday, March 25th. The company reported GBX 1.77 ($0.02) earnings per share (EPS) for the quarter. GetBusy had a net margin of 2.48% and a negative return on equity of 17.71%. As a group, research analysts predict that GetBusy plc will post 0.0783995 EPS for the current fiscal year.

Insider Buying and Selling at GetBusy

In other GetBusy news, insider Miles Gareth Jakeman purchased 10,000 shares of the business’s stock in a transaction on Tuesday, May 13th. The shares were bought at an average cost of GBX 49 ($0.66) per share, for a total transaction of £4,900 ($6,628.79). Insiders have purchased 40,000 shares of company stock valued at $1,880,000 over the last 90 days. 45.17% of the stock is owned by insiders.

GetBusy Company Profile

GetBusy plc, through its subsidiaries, develops and sells document and task management software products in the United Kingdom, the United States, Australia, and New Zealand. The company offers Workiro and Virtual Cabinet for document workflow management, client portals, and digital signatures; SmartVault for enterprise content management; and HELLOPLAN for meeting scheduling and management.