Getech Group (LON:GTC) Shares Up 2.5% – Time to Buy?

Shares of Getech Group plc (LON:GTC) rose 2.5% during trading on Thursday. The stock traded as high as GBX 4.70 and last traded at GBX 4.41. 771,579 shares traded hands during trading, a decline of 12% from the average session volume of 879,633 shares. The stock had previously closed at GBX 4.30.

Getech Group Stock Down 4.1%

The company has a quick ratio of 3.50, a current ratio of 0.73 and a debt-to-equity ratio of 6.02. The stock has a market cap of £6.74 million, a P/E ratio of -220.50 and a beta of 0.67. The company’s 50 day moving average price is GBX 3.57 and its two-hundred day moving average price is GBX 2.60.

Getech Group (LON:GTC) last issued its quarterly earnings data on Tuesday, September 22nd. The company reported GBX (0.16) EPS for the quarter. Getech Group had a negative net margin of 0.45% and a negative return on equity of 0.65%. As a group, research analysts expect that Getech Group plc will post 0.20 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Christopher Paul Jepps sold 217,006 shares of Getech Group stock in a transaction on Friday, July 31st. The stock was sold at an average price of GBX 3, for a total transaction of £6,510.18. Insiders own 11.01% of the company’s stock.

Getech Group Company Profile

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.