Getech Group (LON:GTC) Stock Passes Below 200 Day Moving Average – What’s Next?

Getech Group plc (LON:GTCGet Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2.68 ($0.03) and traded as low as GBX 2 ($0.02). Getech Group shares last traded at GBX 2 ($0.02), with a volume of 117,000 shares changing hands.

Getech Group Price Performance

The company has a market cap of £3.28 million, a price-to-earnings ratio of -43.00 and a beta of 0.88. The stock has a 50-day simple moving average of GBX 2.13 and a 200-day simple moving average of GBX 2.64. The company has a current ratio of 0.83, a quick ratio of 3.50 and a debt-to-equity ratio of 4.05.

Insider Buying and Selling

In related news, insider Christopher Paul Jepps sold 850,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of GBX 220 ($2.73), for a total transaction of £1,870,000 ($2,322,981.37). Corporate insiders own 19.71% 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.

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