GetBusy (LON:GETB) Stock Price Down 0.7% – Here’s Why

GetBusy plc (LON:GETB) shares dropped 0.7% on Wednesday . The stock traded as low as GBX 74 and last traded at GBX 74. Approximately 20,001 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 48,999 shares. The stock had previously closed at GBX 74.50.

GetBusy Price Performance

The company has a fifty day simple moving average of GBX 68.59 and a two-hundred day simple moving average of GBX 76.02. The company has a debt-to-equity ratio of -88.63, a quick ratio of 0.44 and a current ratio of 0.40. The company has a market capitalization of £37.51 million, a price-to-earnings ratio of -25.96 and a beta of 0.35.

GetBusy (LON:GETB) last issued its quarterly earnings results on Tuesday, March 24th. The company reported GBX (2.85) earnings per share for the quarter. GetBusy had a negative net margin of 6.55% and a positive return on equity of 49.22%. As a group, research analysts anticipate that GetBusy plc will post 0.0783995 earnings per share for the current year.

Insider Activity

In related news, insider Paul Laurance Huberman acquired 25,000 shares of the stock in a transaction dated Tuesday, March 24th. The stock was bought at an average cost of GBX 57 per share, with a total value of £14,250. 38.50% of the stock is owned by corporate 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. It also provides a range of tools and end-to-end workflows, such as digital asset and document management, tailored templates, quotes/proposal development, form-fill, authentication, e-signatures and approvals, workflow and task management, chat, and complex digital certification.