GSTechnologies (LON:GST) Stock Price Up 7.6% – What’s Next?

GSTechnologies Ltd. (LON:GSTGet Free Report) shares traded up 7.6% during mid-day trading on Friday . The company traded as high as GBX 1.75 ($0.02) and last traded at GBX 1.72 ($0.02). 14,523,258 shares traded hands during trading, a decline of 6% from the average session volume of 15,383,438 shares. The stock had previously closed at GBX 1.60 ($0.02).

GSTechnologies Price Performance

The company has a debt-to-equity ratio of 3.39, a quick ratio of 4.31 and a current ratio of 3.18. The company has a market capitalization of £34.48 million, a price-to-earnings ratio of -3.35 and a beta of 0.70. The company has a 50-day moving average price of GBX 1.16 and a 200-day moving average price of GBX 0.86.

Insider Buying and Selling

In other news, insider Lord James Christopher Douglas Wellesley acquired 335,000 shares of the stock in a transaction that occurred on Thursday, October 31st. The stock was acquired at an average price of GBX 1 ($0.01) per share, for a total transaction of £3,350 ($4,186.98). 20.29% of the stock is owned by insiders.

About GSTechnologies

(Get Free Report)

GSTechnologies Ltd., together with its subsidiaries, provides data infrastructure, storage, and technology services worldwide. It offers structured cabling, data centers infrastructure, wireless network solution, smart security, and project management services. In addition, the company engages in the blockchain business.

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