Getech Group (LON:GTC) Shares Up 16.9% – Time to Buy?

Getech Group plc (LON:GTCGet Free Report) shares rose 16.9% during trading on Monday . The company traded as high as GBX 4 and last traded at GBX 3.80. Approximately 4,066,459 shares traded hands during mid-day trading, an increase of 395% from the average session volume of 821,087 shares. The stock had previously closed at GBX 3.25.

Getech Group Price Performance

The company has a debt-to-equity ratio of 7.89, a current ratio of 0.82 and a quick ratio of 3.50. The firm’s 50 day moving average is GBX 3 and its 200 day moving average is GBX 2.34. The firm has a market cap of £5.80 million, a P/E ratio of -9.05 and a beta of 0.67.

Insider Buying and Selling

In related news, insider Christopher Paul Jepps sold 217,006 shares of the stock in a transaction dated Friday, July 31st. The shares were sold at an average price of GBX 3, for a total transaction of £6,510.18. Company insiders own 11.02% of the company’s stock.

Getech Group Company Profile

(Get Free Report)

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.

Further Reading

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